Technical Analysis for FRU - Freehold Royalties Ltd.

Grade Last Price % Change Price Change
A 14.590 -0.48% -0.070
FRU closed down 0.48 percent on Thursday, March 28, 2024, on 89 percent of normal volume. The bulls were able to push the stock to a new 52-week high. 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.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Cup with Handle Other 0.00%
New 52 Week High Strength 0.00%
Overbought Stochastic Strength 0.00%
New 52 Week Closing High Bullish -0.48%
New Uptrend Bullish -0.48%
Pocket Pivot Bullish Swing Setup -0.48%
Gapped Up Strength -0.48%
Overbought Stochastic Strength -0.48%
Overbought Stochastic Strength 0.90%
Pocket Pivot Bullish Swing Setup 0.62%

   Recent Intraday Alerts

Alert Time
2x Volume Pace about 19 hours ago
1.5x Volume Pace about 19 hours ago
Rose Above Previous Day's High about 19 hours ago
New 52 Week High about 19 hours ago
Up 1 ATR 1 day ago

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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 Property Law American Energy Partners Oil And Gas Law In The United States Energy In The United States 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 14.74
52 Week Low 12.3529
Average Volume 376,304
200-Day Moving Average 13.768
50-Day Moving Average 13.908
20-Day Moving Average 14.180
10-Day Moving Average 14.490
Average True Range 0.202
RSI (14) 64.66
ADX 26.74
+DI 29.112
-DI 11.795
Chandelier Exit (Long, 3 ATRs) 14.135
Chandelier Exit (Short, 3 ATRs) 14.121
Upper Bollinger Bands 14.891
Lower Bollinger Band 13.470
Percent B (%b) 0.79
BandWidth 10.024
MACD Line 0.212
MACD Signal Line 0.182
MACD Histogram 0.03
Fundamentals Value
Market Cap 1.73 Billion
Num Shares 119 Million
EPS 0.02
Price-to-Earnings (P/E) Ratio 729.50
Price-to-Sales 6.08
Price-to-Book 0.93
PEG Ratio -2.97
Dividend 0.24
Dividend Yield 1.64%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.860
Resistance 3 (R3) 14.880 14.810 14.815
Resistance 2 (R2) 14.810 14.741 14.800 14.800
Resistance 1 (R1) 14.700 14.699 14.665 14.680 14.785
Pivot Point 14.630 14.630 14.613 14.620 14.630
Support 1 (S1) 14.520 14.561 14.485 14.500 14.395
Support 2 (S2) 14.450 14.519 14.440 14.380
Support 3 (S3) 14.340 14.450 14.365
Support 4 (S4) 14.320