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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 2024-03-20 View latest technical analysis

10 day averaged volume of Permian Basin is 139300

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	14.34	14.22	14.53	13.88	0.623 times
19 Tue Mar 2024	14.34	13.81	14.58	13.81	1.236 times
18 Mon Mar 2024	13.81	12.97	13.93	12.90	1.664 times
15 Fri Mar 2024	12.87	12.82	13.17	12.75	0.621 times
14 Thu Mar 2024	12.87	12.39	13.06	12.39	0.983 times
13 Wed Mar 2024	12.30	12.07	12.53	12.05	0.754 times
12 Tue Mar 2024	12.08	11.82	12.10	11.75	0.59 times
11 Mon Mar 2024	11.75	11.77	11.90	11.55	0.642 times
08 Fri Mar 2024	11.82	11.51	11.92	11.51	0.795 times
07 Thu Mar 2024	11.55	11.68	11.85	11.55	0.912 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 13.7, but if it comes below 13.7, then a intra day sell could be more profitable.
If you take a sell trade below 13.7, then use 13.7 as stoploss and 12.77 as target. However if you take a buy trade in stock , then use 13.7 as stoploss and 14.8 as target.

Share price targets for Permian Basin (PBT)

Target Type	Value
Downside Target	10.95
Downside Target	11.55
Downside Target	12.71
Downside Target	13.17
Downside Target	13.75
Upside Target	14.58
Upside Target	14.65
Upside Target	15.05
Upside Target	15.79
Upside Target	17.14
Upside Target	19.88

Intraday share price targets for Permian Basin (PBT)

Target Type	Value
Downside Intraday Target	13.3
Downside Intraday Target	12.26
Upside Intraday Target	14.98
Upside Intraday Target	15.62
Downside Intraday Target	13.94

Weekly technical analysis of Permian Basin (PBT)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	14.34	12.97	14.58	12.90	0.981 times
15 Fri Mar 2024	12.87	11.77	13.17	11.55	0.333 times
08 Fri Mar 2024	11.82	13.36	13.37	10.95	3.758 times
01 Fri Mar 2024	13.37	13.07	13.94	12.88	0.616 times
23 Fri Feb 2024	13.07	13.84	13.97	12.71	1.414 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
20 Wed Mar 2024	14.34	13.62	14.58	10.95	1.095 times
29 Thu Feb 2024	13.57	14.45	14.65	12.71	0.776 times
31 Wed Jan 2024	14.29	14.18	15.79	13.79	0.752 times
29 Fri Dec 2023	13.96	16.60	17.14	13.75	1.291 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 coming down

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 but buying 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 12.94 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.