(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.
Showing technical analysis as on 2024-05-31 View latest technical analysis
10 day averaged volume of Permian Basin is 134270
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 12.19 | 12.26 | 12.50 | 12.07 | 0.835 times |
| 30 Thu May 2024 | 12.29 | 12.09 | 12.43 | 12.07 | 0.545 times |
| 29 Wed May 2024 | 12.12 | 12.60 | 12.67 | 12.07 | 0.503 times |
| 28 Tue May 2024 | 12.63 | 12.62 | 12.73 | 12.49 | 1.855 times |
| 24 Fri May 2024 | 12.54 | 12.61 | 12.94 | 12.50 | 0.476 times |
| 23 Thu May 2024 | 12.61 | 13.07 | 13.30 | 12.49 | 1.464 times |
| 22 Wed May 2024 | 13.09 | 13.36 | 13.68 | 12.95 | 0.856 times |
| 21 Tue May 2024 | 13.37 | 13.41 | 13.92 | 13.10 | 1.659 times |
| 20 Mon May 2024 | 13.46 | 13.26 | 13.64 | 13.10 | 1.055 times |
| 17 Fri May 2024 | 13.26 | 12.98 | 13.30 | 12.87 | 0.965 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 12.1 as stoploss in an intra day buy trade for a target of 12.62. However, stock will show a bearish move below 12.1.
Share price targets for Permian Basin (PBT)
| Target Type | Value |
| Downside Target | 10.95 |
| Downside Target | 11.32 |
| Downside Target | 11.70 |
| Downside Target | 12.07 |
| Upside Target | 13.16 |
| Upside Target | 13.30 |
| Upside Target | 13.79 |
| Upside Target | 13.92 |
| 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 | 11.93 |
| Downside Intraday Target | 11.67 |
| Upside Intraday Target | 12.59 |
| Upside Intraday Target | 12.99 |
| Upside Intraday Target | 12.33 |
Weekly technical analysis of Permian Basin (PBT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 12.19 | 12.62 | 12.73 | 12.07 | 0.679 times |
| 24 Fri May 2024 | 12.54 | 13.26 | 13.92 | 12.49 | 1.209 times |
| 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 |
Price has moved down 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 |
| 31 Fri May 2024 | 12.19 | 11.50 | 13.92 | 11.32 | 0.812 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 | 0.776 times |
Scroll below to view daily charts
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)
Price action analysis of Permian Basin ( (PBT) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Permian Basin ( (PBT) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Permian Basin ( (PBT) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Permian Basin ( (PBT) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Permian Basin stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Permian Basin in short term and the sell signal is strong.
Permian Basin Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Permian Basin in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 12.85 and Permian Basin (PBT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.
Price action analysis of Permian Basin ( (PBT) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Permian Basin ( (PBT) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Permian Basin ( (PBT) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Permian Basin ( (PBT) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Permian Basin stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Permian Basin in short term and the sell signal is strong.
Permian Basin Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Permian Basin in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 12.85 and Permian Basin (PBT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.