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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 2024-07-17 View latest technical analysis

10 day averaged volume of Permian Basin is 96860

Date	Daily Closing Price	Open	High	Low	Volume
17 Wed Jul 2024	12.01	11.74	12.06	11.57	0.67 times
16 Tue Jul 2024	11.74	11.93	12.04	11.73	0.547 times
15 Mon Jul 2024	11.93	12.02	12.06	11.75	0.944 times
12 Fri Jul 2024	11.83	12.08	12.08	11.64	1.23 times
11 Thu Jul 2024	12.00	11.84	12.14	11.82	0.963 times
10 Wed Jul 2024	11.78	11.36	11.85	11.22	1.229 times
09 Tue Jul 2024	11.42	10.85	11.52	10.83	1.406 times
08 Mon Jul 2024	10.93	10.72	11.06	10.72	1.222 times
05 Fri Jul 2024	10.78	11.20	11.33	10.72	1.123 times
03 Wed Jul 2024	11.16	11.25	11.45	11.12	0.668 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 11.7, but if it comes below 11.7, then a intra day sell could be more profitable.
If you take a sell trade below 11.7, then use 11.7 as stoploss and 11.33 as target. However if you take a buy trade in stock , then use 11.7 as stoploss and 12.2 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	11.57
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	11.7
Downside Intraday Target	11.39
Upside Intraday Target	12.19
Upside Intraday Target	12.37
Downside Intraday Target	11.88

Weekly technical analysis of Permian Basin (PBT)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Wed Jul 2024	12.01	12.02	12.06	11.57	0.357 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 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 Wed Jul 2024	12.01	11.25	12.14	10.72	0.448 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Permian Basin stock for short term is BUY. Signal strength is Weak 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 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 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 11.53 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.