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 current stance is bullish with strong indicators from the monthly MACD and Bollinger Bands, both signaling bullish momentum. Daily moving averages also support this bullish outlook. However, the weekly MACD and KST are mildly bearish, indicating some short-term weakness. The stock has significantly outperformed the S&P 500 with a year-to-date return of 69.31% compared to 16.30% for the index, and a one-year return of 74.67% versus 19.89%. Overall, the technical strength is bullish, driven by solid monthly indicators despite some mixed signals on the weekly timeframe.