Is Permian Basin Royalty Trust technically bullish or bearish?

As of 24 October 2025, the technical trend for Permian Basin Royalty Trust has changed from mildly bullish to bullish. The current technical stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and the moving averages are bullish on the daily. Additionally, the Bollinger Bands show a bullish signal on the weekly and a mildly bullish signal on the monthly. The KST is bullish across both time frames, and the OBV is mildly bullish on both weekly and monthly charts. However, the RSI indicates a bearish signal on the monthly, while the Dow Theory shows a mildly bearish stance on the weekly and no trend on the monthly.
In terms of performance, the stock has outperformed the S&P 500 significantly year-to-date with a return of 62.64% compared to the S&P 500's 15.47%. Over the past year, the stock also shows strong performance with a return of 54.94% against the S&P 500's 16.90%.