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Takip Edin: @UscMarketsPR Stock Forecast & Permian Resources Corporation Chart Analysis
This article provides a detailed analysis of PR-Permian Resources Corporation stock including a forecast for PR shares. It features Permian Resources Corporation technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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PR Historical Data Review
PR Current Price Performance Analysis
The Permian Resources Corporation - PR stock traded on the American stock market, on 06-05-2024, closed at 15.34$ with a %1.79 increased compared to the previous day.
In the last month, the price of PR changed by %-11.69 decreased in value, from 17.37 dollars on 05-06-2024 to 15.34 dollars, decreased.
Last year, the price of PR was 10.03 dollars on 06-06-2023, and changed by %52.94 increased in value, to 15.34 dollars increased within a year.
The price of Permian Resources Corporation stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
PR with AI Stock Forecast & Price Target
On the PR chart Permian Resources Corporation price was recorded as 15.34 Dollars on 06/05/2024.
The artificial intelligence's forecast on PR stock is as follows.
The artificial intelligence's prediction error margin for PR stock is moderately high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Permian Resources Corporation stock over the next 4 months is: 17.5 Dollars.
The commentary on PR stock Target Price: Highest: 20.968 Dollars is predicted.
The commentary on PR stock Target Price: Lowest: 14.687 Dollars is predicted.
Resistance Price where Permian Resources Corporation stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-25-2024 | 15.898 |
| 09-23-2024 | 17.238 |
| 02-10-2025 | 20.672 |
| 03-27-2025 | 20.968 |
Support Price where Permian Resources Corporation stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 15.501 |
| 07-30-2024 | 15.884 |
| 11-07-2024 | 14.687 |
| 02-25-2025 | 20.617 |
The commentary on PR stock: The target price can generally be said to be on the rise.
The commentary on PR stock: Fluctuations in the target price can be expected in the coming days.
The target price for Permian Resources Corporation stock by the end of 2024 is predicted to be 17.492 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on PR stock, and the 2024 target price predictions for Permian Resources Corporation are detailed above.
The technical analysis and charts for the commentary on PR stock are below.
PR Support & Resistance and Trend Analysis
PR stock you have reviewed the technical analysis support resistance charts regarding.
PR : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the PR review, the Permian Resources Corporation support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Permian Resources Corporation Support and Resistance Prices:
| PR Support Level Price | PR Resistance Level Price |
|---|---|
| 12.34 | 13.51 |
| 12.59 | 13.58 |
| 12.60 | 13.81 |
| 12.63 | 14.00 |
| 14.95 | 14.01 |
| 15.44 | 16.50 |
| 16.21 | 17.33 |
| 17.62 | |
| 18.28 |
PR Technical Analysis: SMA, RSI, MACD
Upon reviewing the PR chart, buy and sell signals have been generated in the Permian Resources Corporation technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for PR stock are as follows:- PR technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Permian Resources Corporation gave a 'Buy' signal when the RSI was at 24.161, with the current RSI value at 30.579.
- The technical analysis for Permian Resources Corporation indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Permian Resources Corporation stock: Click here to read more predictions on Anhui Conch Cement stock.
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