SBR Stock Sabine Royalty Trust (SBR, $65.36) price may drop as it broke higher Bollinger Band on May 13, 2024

A.I.dvisor
at Tickeron.com
05/14/24
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SBR - Sabine Royalty Trust
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $65.36
Daily change: +$1.75 (+2.75%)
Daily volume: 78.5K
Capitalization: $927.4M
Industry: Oil & Gas Production
This price move could be a signal that SBR may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 47 similar cases where SBR's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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SBRDaily Signal changed days agoGain/Loss if shorted
 
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published General Information

General Information

a holder of royalty and mineral interests in producing oil and gas properties

Industry OilGasProduction

Profile
Fundamentals
Details
Industry
Oil And Gas Production
Address
Argent Trust Company, 3838 Oak Lawn Avenue
Phone
+1 855 588-7839
Employees
N/A
Web
https://www.sbr-sabine.com