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Is PBT likely to continue higher? Pocket Pivot shows up after climbing 4.25%

Permian Basin Royalty Trust (PBT) — Nightly Technical Analysis · Jul 29, 2026, 17:45 ET
On Wednesday, July 29th, PBT moved up 4.25% while volume increased to 1.7× the usual levels. Mixed technical signals appeared with Pocket Pivot suggesting upside potential, while Shooting Star Candlestick indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 28.17, 27.15 & 25.74, with resistance at 30.6, 32.01 & 33.03.

Current SwingTradeBot Technical Rating of PBT: A

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Permian Basin Royalty Trust (PBT)