Question 1

What implications does the 10-day RSI indicator have for PR?

Accepted Answer

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where PR's RSI Indicator exited the oversold zone, 18 of 22 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 2

What does the Stochastic Oscillator suggest about PR's trend?

Accepted Answer

The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

How did PR's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 15, 2024. You may want to consider a long position or call options on PR as a result. In 75 of 86 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for PR?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for PR just turned positive on August 13, 2024. Looking at past instances where PR's MACD turned positive, the stock continued to rise in 37 of 41 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What is the significance of the 10-day moving average indicator for PR?

Accepted Answer

The 10-day moving average for PR crossed bearishly below the 50-day moving average on July 29, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 9 of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 0%.

Question 6

What does a 3-day price advance indicate for PR?

Accepted Answer

Following a +2.96% 3-day Advance, the price is estimated to grow further. Considering data from situations where PR advanced for three days, in 270 of 325 cases, the price rose further within the following month. The odds of a continued upward trend are 83%.

Question 7

What does a 3-day decline signify for PR's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PR declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 8

What does PR breaking above its upper Bollinger Band indicate?

Accepted Answer

PR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 9

How does the Aroon Indicator reflect on PR's trend?

Accepted Answer

The Aroon Indicator for PR entered a downward trend on August 14, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

PR Stock Permian Resources (PR, $15.52) Moving Average Convergence Divergence (MACD) Histogram turned negative on June 3, 2024

PR's Stochastic Oscillator is sitting in overbought zone for 3 days

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