Technical Analysis for FRU - Freehold Royalties Ltd.

Grade Last Price % Change Price Change
A 8.62 1.89% 0.160
FRU closed up 1.89 percent on Monday, May 10, 2021, on 1.63 times normal volume. The bulls were able to push the stock to a new 52-week high. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: May 11
*** please verify all earnings dates ***

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical FRU trend table...

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Gilligan's Island Sell Setup Bearish Swing Setup 0.00%
New 52 Week Closing High Bullish 0.00%
Expansion Breakout Bullish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Doji - Bearish? Reversal 0.00%
New 52 Week High Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Older End-of-Day Signals for FRU ...

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Profile

Freehold Royalties Ltd. Description

Freehold Royalties Ltd. is a Canada-based company engaged in the development and production of oil and natural gas, predominantly in western Canada. The Company's primary focus is acquiring and managing oil and natural gas royalties. The Company manages a non-government portfolio of oil and natural gas royalties in Canada. The Company's total land holdings encompass approximately 3.7 million gross acres, over 90% of which are royalties. Of this, its mineral title lands (including royalty assumption lands), which it owns in perpetuity, cover approximately 750,000 acres. It also has interests in over 36,000 wells (of which over 34,000 are royalty wells, including over 18,000 unitized wells). The Company has approximately 300,000 gross undeveloped acres. In addition, it has gross overriding royalty interests in over 2.5 million acres. The Company has drilled and completed a total of over 5,290 wells within the Western Canadian Sedimentary Basin.


Classification

Sector: Energy
Industry: Oil & Gas E&P
Keywords: Mineral Oil Natural Gas Government Law Western Canadian Sedimentary Basin Royalty Payment Oil And Gas Law Shale Gas In Canada Oil And Gas Law In The United States Property Law Energy In The United States American Energy Partners United States Contract Law

Is FRU a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 9.0
52 Week Low 3.19
Average Volume 436,054
200-Day Moving Average 5.472
50-Day Moving Average 7.610
20-Day Moving Average 7.906
10-Day Moving Average 8.217
Average True Range 0.261
ADX 28.7
+DI 43.481
-DI 14.137
Chandelier Exit (Long, 3 ATRs ) 8.219
Chandelier Exit (Short, 3 ATRs ) 8.022
Upper Bollinger Band 8.709
Lower Bollinger Band 7.102
Percent B (%b) 0.94
BandWidth 20.323
MACD Line 0.292
MACD Signal Line 0.218
MACD Histogram 0.0735
Fundamentals Value
Market Cap 1.02 Billion
Num Shares 119 Million
EPS 0.02
Price-to-Earnings (P/E) Ratio 431.00
Price-to-Sales 6.08
Price-to-Book 0.93
PEG Ratio -2.97
Dividend 0.24
Dividend Yield 2.78%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.220
Resistance 3 (R3) 9.280 9.140 9.120
Resistance 2 (R2) 9.140 8.987 9.110 9.087
Resistance 1 (R1) 8.880 8.893 8.810 8.820 9.053
Pivot Point 8.740 8.740 8.705 8.710 8.740
Support 1 (S1) 8.480 8.587 8.410 8.420 8.187
Support 2 (S2) 8.340 8.493 8.310 8.153
Support 3 (S3) 8.080 8.340 8.120
Support 4 (S4) 8.020