Is Permian Basin Royalty Trust technically bullish or bearish?

As of 31 October 2025, the technical trend for Permian Basin Royalty Trust has changed from mildly bullish to bullish. The daily moving averages indicate a bullish stance, while the monthly MACD and Bollinger Bands also support this bullish outlook. However, the weekly MACD and KST are mildly bearish, suggesting some caution in the short term. The stock has outperformed the S&P 500 significantly year-to-date with a return of 66.61% compared to 16.30% for the index, and over the past year, it has returned 71.40% versus 19.89% for the S&P 500. Overall, the current technical stance is bullish, with strength indicated by the daily moving averages and monthly indicators, despite some mixed signals on the weekly timeframe.