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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.

Showing technical analysis as on 2024-07-16 View latest technical analysis

10 day averaged volume of Permian Basin is 98690

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	11.74	11.93	12.04	11.73	0.537 times
15 Mon Jul 2024	11.93	12.02	12.06	11.75	0.926 times
12 Fri Jul 2024	11.83	12.08	12.08	11.64	1.207 times
11 Thu Jul 2024	12.00	11.84	12.14	11.82	0.945 times
10 Wed Jul 2024	11.78	11.36	11.85	11.22	1.206 times
09 Tue Jul 2024	11.42	10.85	11.52	10.83	1.38 times
08 Mon Jul 2024	10.93	10.72	11.06	10.72	1.2 times
05 Fri Jul 2024	10.78	11.20	11.33	10.72	1.102 times
03 Wed Jul 2024	11.16	11.25	11.45	11.12	0.656 times
03 Wed Jul 2024	11.16	11.25	11.45	11.12	0.656 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 11.6, but if it comes below 11.6, then a intra day sell could be more profitable.
If you take a sell trade below 11.6, then use 11.6 as stoploss and 11.27 as target. However if you take a buy trade in stock , then use 11.6 as stoploss and 12.1 as target.

Share price targets for Permian Basin (PBT)

Target Type	Value
Downside Target	10.51
Downside Target	10.72
Downside Target	11.32
Downside Target	11.73
Upside Target	12.06
Upside Target	12.14
Upside Target	12.69
Upside Target	13.16
Upside Target	13.92
Upside Target	14.58

Intraday share price targets for Permian Basin (PBT)

Target Type	Value
Downside Intraday Target	11.63
Downside Intraday Target	11.51
Upside Intraday Target	11.96
Upside Intraday Target	12.17
Upside Intraday Target	11.84

Weekly technical analysis of Permian Basin (PBT)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	11.74	12.02	12.06	11.73	0.246 times
12 Fri Jul 2024	11.83	10.72	12.14	10.72	3.378 times
05 Fri Jul 2024	10.78	11.25	11.45	10.72	0.821 times
03 Wed Jul 2024	11.16	11.25	11.45	10.98	0.429 times
28 Fri Jun 2024	11.26	10.85	11.40	10.85	1.27 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
16 Tue Jul 2024	11.74	11.25	12.14	10.72	0.423 times
28 Fri Jun 2024	11.26	12.46	12.69	10.51	1.042 times
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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 losing momentum.

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

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 tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Permian Basin in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 11.47 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 negative.

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