Panhandle Royalty Company Stock Forecast

Sell candidate since May 22, 2025

The Panhandle Royalty Company stock price fell by -0.231% on the last day (Thursday, 22nd May 2025) from $4.32 to $4.31. During the last trading day the stock fluctuated 0.464% from a day low at $4.31 to a day high of $4.33. The price has been going up and down for this period, and there has been a 20.39% gain for the last 2 weeks. Volume has increased on the last day by 3 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 4 million shares were bought and sold for approximately $16.51 million.

The stock lies in the upper part of a wide and weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $4.34 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 4.58% during the next 3 months and, with a 90% probability hold a price between $3.71 and $4.54 at the end of this 3-month period.

PHX Signals & Forecast

The Panhandle Royalty Company stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $4.32. On a fall, the stock will find some support from the long-term average at approximately $3.90. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, May 19, 2025, and so far it has fallen -0.462%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Panhandle Royalty Company stock

Panhandle Royalty Company finds support from accumulated volume at $4.10 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.0200 between high and low, or 0.464%. For the last week, the stock has had daily average volatility of 0.371%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (PHX) For The Upcoming Trading Day Of Friday 23rd

For the upcoming trading day on Friday, 23rd we expect Panhandle Royalty Company to open at $4.32, and during the day (based on 14 day Average True Range), to move between $4.21 and $4.41, which gives a possible trading interval of +/-$0.104 (+/-2.40%) up or down from last closing price. If Panhandle Royalty Company takes out the full calculated possible swing range there will be an estimated 4.81% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $4.32 (0.23%) than the support at $4.10 (4.87%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Panhandle Royalty Company stock A Buy?

Panhandle Royalty Company holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell candidate.

Current score: -1.079 Sell Candidate Downgraded

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Predicted Fair Opening Price

Predicted fair opening price on May 23, 2025 - $4.32 ( 0.155%).