Is Permianville Royalty Trust technically bullish or bearish?

Jun 25 2025 08:41 AM IST
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As of June 13, 2025, Permianville Royalty Trust's technical trend has shifted to bullish, supported by positive MACD, Bollinger Bands, and moving averages, despite the RSI showing no signal.
As of 13 June 2025, the technical trend for Permianville Royalty Trust has changed from mildly bullish to bullish. The weekly MACD is bullish, supporting the positive trend, while the monthly MACD remains mildly bullish. Bollinger Bands are bullish on both weekly and monthly time frames, indicating strong upward momentum. Daily moving averages also confirm a bullish stance. The KST is bullish weekly and mildly bullish monthly, further reinforcing the positive outlook. Although the RSI shows no signal on both time frames, the overall technical indicators suggest a bullish stance with moderate strength.
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