Technical Analysis for PSK - PrairieSky Royalty Ltd.

Grade Last Price % Change Price Change
B 25.790 0.19% 0.050
PSK closed up 0.19 percent on Thursday, May 2, 2024, on 1.36 times normal volume. It ran into resistance at its 50 day moving average. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Inside Day Range Contraction 0.00%
Gapped Up Strength 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 50 DMA Bearish 0.19%
Below Lower BB Weakness 0.19%
Lower Bollinger Band Touch Weakness 0.19%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 10 hours ago
50 DMA Resistance about 14 hours ago
Gap Up Partially Closed about 14 hours ago
Gapped Up (Partial) about 14 hours ago
Rose Above 50 DMA about 14 hours ago

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Profile

PrairieSky Royalty Ltd. Description

PrairieSky Royalty Ltd. is a Canada-based company, which holds a portfolio of fee simple mineral title, and oil and gas royalty interests in Canada. The Company's properties are located in British Columbia, Alberta, Saskatchewan and Manitoba. The Company's assets include the Fee Lands, encompassing approximately 8.8 million acres; the GORR Interests, encompassing approximately 6.6 million acres of the GORR Lands; the GRT Interests, encompassing approximately 0.2 million acres of the GRT Lands; approximately 0.2 million acres of Crown Interest Lands primarily in Alberta, and the Seismic License to certain seismic data of Encana Corporation, encompassing approximately 40,010 kilometers of two dimensional seismic and over 10,760 square kilometers of three dimensional seismic. The Fee Lands are predominantly located in the Western Canadian Sedimentary Basin in the provinces of Alberta and Saskatchewan.


Classification

Sector: Energy
Industry: Oil & Gas E&P
Keywords: Mineral Oil Oil And Gas S&P/Tsx 60 Index Western Canadian Sedimentary Basin Encana

Is PSK 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 28.42
52 Week Low 21.0137
Average Volume 306,401
200-Day Moving Average 24.522
50-Day Moving Average 26.028
20-Day Moving Average 27.282
10-Day Moving Average 26.817
Average True Range 0.589
RSI (14) 38.27
ADX 26.93
+DI 14.580
-DI 22.711
Chandelier Exit (Long, 3 ATRs) 26.652
Chandelier Exit (Short, 3 ATRs) 27.498
Upper Bollinger Bands 28.627
Lower Bollinger Band 25.936
Percent B (%b) -0.05
BandWidth 9.862
MACD Line 0.014
MACD Signal Line 0.323
MACD Histogram -0.3092
Fundamentals Value
Market Cap 5.76 Billion
Num Shares 223 Million
EPS 0.18
Price-to-Earnings (P/E) Ratio 142.49
Price-to-Sales 13.41
Price-to-Book 1.05
PEG Ratio 2.56
Dividend 0.24
Dividend Yield 0.93%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 26.450
Resistance 3 (R3) 26.507 26.343 26.340
Resistance 2 (R2) 26.343 26.175 26.315 26.303
Resistance 1 (R1) 26.067 26.071 25.985 26.010 26.267
Pivot Point 25.903 25.903 25.863 25.875 25.903
Support 1 (S1) 25.627 25.735 25.545 25.570 25.313
Support 2 (S2) 25.463 25.631 25.435 25.277
Support 3 (S3) 25.187 25.463 25.240
Support 4 (S4) 25.130