Technical Analysis for MTR - Mesa Royalty Trust

Grade Last Price % Change Price Change
D 10.08 -2.70% -0.28
MTR closed down 2.7 percent on Tuesday, April 23, 2024, on 1.96 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. 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.
Earnings due: May 13
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
New Downtrend Bearish 0.00%
Stochastic Reached Oversold Weakness 0.00%
BB Squeeze Ended Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 20 DMA Bearish -2.70%

   Recent Intraday Alerts

Alert Time
Down 2 % about 13 hours ago
60 Minute Opening Range Breakdown about 16 hours ago
Fell Below 50 DMA about 16 hours ago
Lower Bollinger Band Support about 16 hours ago
Up 2% about 18 hours ago

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Profile

Mesa Royalty Trust holds net overriding royalty interests in various oil and gas producing properties in the United States. It has interests in properties located in the Hugoton field of Kansas; the San Juan Basin field of New Mexico and Colorado; and the Yellow Creek field of Wyoming. The company was founded in 1979 and is based in Austin, Texas.
Classification

Sector: Financial Services
Industry: Asset Management
Keywords: Petroleum Industry Royalty Trust Permian Basin Royalty Trust Anadarko Basin San Juan Basin Oil And Gas Producing Properties

Is MTR 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 28.1567
52 Week Low 8.8183
Average Volume 11,303
200-Day Moving Average 14.35
50-Day Moving Average 10.27
20-Day Moving Average 11.01
10-Day Moving Average 11.07
Average True Range 0.54
RSI (14) 38.27
ADX 28.0
+DI 21.18
-DI 23.82
Chandelier Exit (Long, 3 ATRs) 10.36
Chandelier Exit (Short, 3 ATRs) 11.48
Upper Bollinger Bands 11.88
Lower Bollinger Band 10.15
Percent B (%b) -0.04
BandWidth 15.76
MACD Line 0.11
MACD Signal Line 0.24
MACD Histogram -0.1297
Fundamentals Value
Market Cap 18.78 Million
Num Shares 1.86 Million
EPS 2.40
Price-to-Earnings (P/E) Ratio 4.20
Price-to-Sales 3.62
Price-to-Book 6.35
PEG Ratio 0.00
Dividend 2.38
Dividend Yield 23.61%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.88
Resistance 3 (R3) 10.95 10.77 10.74
Resistance 2 (R2) 10.77 10.56 10.73 10.70
Resistance 1 (R1) 10.42 10.44 10.33 10.35 10.65
Pivot Point 10.24 10.24 10.19 10.20 10.24
Support 1 (S1) 9.89 10.03 9.80 9.82 9.51
Support 2 (S2) 9.71 9.91 9.67 9.46
Support 3 (S3) 9.36 9.71 9.42
Support 4 (S4) 9.29