Is PermRock Royalty Trust technically bullish or bearish?

Jun 25 2025 09:05 AM IST
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As of May 19, 2025, PermRock Royalty Trust is in a mildly bearish trend, influenced by daily moving averages, despite some bullish signals from the weekly and monthly MACD indicators.
As of 19 May 2025, the technical trend for PermRock Royalty Trust has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend. However, the weekly MACD shows a bullish signal, and the monthly MACD is mildly bullish, suggesting some underlying strength. The weekly KST is bearish, while the monthly KST is mildly bullish, indicating mixed signals across different time frames. Overall, while there are some bullish indicators on the longer time frames, the prevailing trend remains mildly bearish.
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