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Is KRP showing downside potential? Fell Below 50 Day Moving Average shows up after sinking 2.14%

Kimbell Royalty Partners (KRP) — Nightly Technical Analysis · Jun 24, 2026, 20:15 ET
KRP posted a 2.14% loss on Wednesday, June 24th, accompanied by 0.9× normal trading volume. Multiple bearish signals emerged — Fell Below 50 DMA, MACD Bearish Centerline Cross, Directional Movement Crossover Bearish & 180 Bearish Setup — suggesting potential weakness ahead. Key support levels exist at 14.5, 14.36 & 14.17, with resistance at 14.83, 15.02 & 15.16. Meanwhile, Slow Stochastic is showing oversold conditions.

Current SwingTradeBot Technical Rating of KRP: C

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Kimbell Royalty (KRP)