Permian Basin Royalty Trust: Bollinger Bands Narrowing, KDJ Death Cross, Bearish Marubozu

The 15-minute chart of Permian Basin Royalty Trust's stock price has recently exhibited several bearish technical indicators, including Bollinger Bands Narrowing, a KDJ Death Cross, and a Bearish Marubozu candlestick pattern. These indicators suggest that the magnitude of stock price fluctuations has been decreasing, the momentum of the stock price is shifting towards the downside, and there is potential for further decreases in the stock price. The sellers currently control the market, and there is a high likelihood that bearish momentum will continue.