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(PBT) Permian Basin complete technical analysis [charts+indicators] | Buy/Sell Permian Basin | (PBT) share price targets

Complete technical analysis of Permian Basin (PBT) by charts plus indicators, forecast predictions and share price targets for Permian Basin (PBT)

Permian Basin trades in USA in Energy sector.

10 day averaged volume of Permian Basin is 111590

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 13.26 12.98 13.30 12.87 1.161 times
16 Thu May 2024 12.93 13.03 13.30 12.76 0.748 times
15 Wed May 2024 13.03 12.80 13.13 12.50 1.015 times
14 Tue May 2024 12.82 13.19 13.25 12.77 1.086 times
13 Mon May 2024 13.09 12.55 13.30 12.55 1.474 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 13.4, for a target of 12.8 or 12.27

Share price targets for Permian Basin (PBT)

Target Type Value
Downside Target 10.95
Downside Target 11.32
Downside Target 12.29
Downside Target 13.16
Downside Target 13.20
Upside Target 13.30
Upside Target 13.79
Upside Target 14.58
Upside Target 14.65
Upside Target 15.79

Intraday share price targets for Permian Basin (PBT)

Target Type Value
Downside Intraday Target 12.74
Downside Intraday Target 12.22
Upside Intraday Target 13.54
Upside Intraday Target 13.82
Downside Intraday Target 13.02

Weekly technical analysis of Permian Basin (PBT)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 13.26 12.55 13.30 12.50 1.215 times
10 Fri May 2024 12.42 11.74 13.20 11.70 1.245 times
03 Fri May 2024 11.70 12.01 12.29 11.32 0.457 times
26 Fri Apr 2024 12.20 12.06 12.61 11.52 1.394 times
19 Fri Apr 2024 12.15 12.27 12.67 11.33 0.87 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Permian Basin (PBT)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 13.26 11.50 13.30 11.32 0.413 times
30 Tue Apr 2024 11.50 12.02 13.16 11.33 0.863 times
28 Thu Mar 2024 12.10 13.62 14.58 10.95 1.534 times
29 Thu Feb 2024 13.57 14.45 14.65 12.71 0.817 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Permian Basin (PBT)

Indicator Name Indicator Value Indicator Signal
ADX 24, 12, 33 Buy
MACD 0, -0Buy
Stochastics 87Buy
CCI 92Buy
RSI 53Buy
OBV 377471Sell
VWAP 13Buy
ADL 0Sell
ROC 13Buy
Force Index 0Sell

Price action analysis of Permian Basin ( (PBT) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Permian Basin ( (PBT) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Permian Basin ( (PBT) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Permian Basin ( (PBT) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Permian Basin stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Permian Basin in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Permian Basin Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Permian Basin in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Permian Basin is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.7 and Permian Basin (PBT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Permian Basin (PBT) stock. Volume based technical analysis of Permian Basin (PBT) stock is negative.

Permian Basin Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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