RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of SJT
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

San Juan Basin Royalty stock price down 0.189% on Thursday
(Updated on Mar 28, 2024)

Hold candidate since Mar 26, 2024 Loss -0.38% PDF

The San Juan Basin Royalty stock price fell by -0.189% on the last day (Thursday, 28th Mar 2024) from $5.30 to $5.29. It has now fallen 7 days in a row. During the last trading day the stock fluctuated 1.90% from a day low at $5.26 to a day high of $5.36. The price has fallen in 9 of the last 10 days and is down by -6.54% for this period. Volume has increased on the last day by 23 thousand 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, 241 thousand shares were bought and sold for approximately $1.28 million.

The stock lies in the middle of a very wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 5.00% during the next 3 months and, with a 90% probability hold a price between $4.81 and $6.23 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

SJT Signals & Forecast

The San Juan Basin Royalty 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 $5.47. On a fall, the stock will find some support from the long-term average at approximately $5.25. 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. 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 Tuesday, March 12, 2024, and so far it has fallen -7.68%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). San Juan Basin Royalty gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

Support, Risk & Stop-loss for San Juan Basin Royalty stock

San Juan Basin Royalty finds support from accumulated volume at $5.14 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.100 between high and low, or 1.90%. For the last week, the stock has had daily average volatility of 2.85%.

Our recommended stop-loss: $5.06 (-4.31%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 12 days ago.)

Trading Expectations (SJT) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect San Juan Basin Royalty Trust to open at $5.30, and during the day (based on 14 day Average True Range), to move between $5.11 and $5.47, which gives a possible trading interval of +/-$0.176 (+/-3.32%) up or down from last closing price. If San Juan Basin Royalty Trust takes out the full calculated possible swing range there will be an estimated 6.64% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $5.30 (0.19%) than the support at $5.14 (2.84%), 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 San Juan Basin Royalty Trust stock A Buy?

San Juan Basin Royalty holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.768 Hold/Accumulate Unchanged

Predicted Opening Price for San Juan Basin Royalty Trust of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$5.30 ( 0.252%) $5.29

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for SJT

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 5.40 2.14 %
R2 5.37 1.42 %
R1 5.34 0.97 %
Current price: 5.29
Support S1 5.27 -0.470 %
S2 5.24 -0.92 %
S3 5.20 -1.64 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 5.56 5.10 %
R2 5.55 4.91 %
R1 5.30 0.189 %
Current price 5.29
Support S1 5.14 -2.84%
S2 5.08 -3.97%
S3 4.93 -6.81%

SJT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 18, 2024 Mar 27, 2024 Apr 12, 2024 $0.0413 0.780%
2 Feb 28, 2024 Feb 28, 2024 Mar 14, 2024 $0.0163 0.287%
3 Jan 19, 2024 Jan 30, 2024 Feb 14, 2024 $0.0163 0.348%
4 Dec 28, 2023 Dec 28, 2023 Jan 16, 2024 $0.0123 0.230%
5 Nov 17, 2023 Nov 29, 2023 Dec 14, 2023 $0.0169 0.299%

FAQ

What is the symbol for San Juan Basin Royalty Stock and on which exchange is it traded?
The symbol for San Juan Basin Royalty is SJT and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell San Juan Basin Royalty Stock?
San Juan Basin Royalty holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy San Juan Basin Royalty Stock?
San Juan Basin Royalty Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy San Juan Basin Royalty Stock.

What's the current price of San Juan Basin Royalty Stock?
As of the end of day on the 2024-03-28, the price of an San Juan Basin Royalty (SJT) share was $5.29.

What is the 52-week high and low for San Juan Basin Royalty Stock?
The 52-week high for San Juan Basin Royalty Stock is $11.15 and the 52-week low is $4.37.

What is the market capitalization of San Juan Basin Royalty Stock?
As of the 2024-03-28, the market capitalization of San Juan Basin Royalty is 246.562M.

When is the next earnings date for San Juan Basin Royalty?
The upcoming earnings date for San Juan Basin Royalty is Mar 29, 2024.
Click to get the best stock tips daily for free!

About San Juan Basin Royalty Trust

San Juan Basin Royalty San Juan Basin Royalty Trust operates as an express trust in Texas. The company has a 75% net overriding royalty interest carved out of Southland's oil and natural gas interests (the Subject Interests) in properties located in the San Juan Basin in northwestern New Mexico. The Subject Interests consist of working interests, royalty interests, overriding royalty interests, and other contractual rights in 119,000 net producing acres in San Juan, Ri... SJT Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT