Technical Analysis for PEO - Adams Natural Resources Fund, Inc.

Grade Last Price % Change Price Change
A 24.06 1.26% 0.30
PEO closed up 1.26 percent on Wednesday, October 2, 2024, on 1.37 times normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Stochastic Reached Overbought Strength 1.26%
Outside Day Range Expansion 1.26%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 16 hours ago
60 Minute Opening Range Breakdown about 19 hours ago
New 52 Week High about 19 hours ago
1.5x Volume Pace about 19 hours ago
Rose Above Previous Day's High about 21 hours ago

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Profile

Adams Natural Resources Fund, Inc. Description

Adams Natural Resources Fund, Inc. is a publicly owned investment manager. The firm invests in the public equity markets across the globe. The firm manages closed-end equity fund focused on the energy and material sectors. It invests in stocks of companies of all market capitalizations operating in the energy and natural resources sector including oil companies, exploration and production, utilities, services, and basic materials sectors. The firm employs a fundamental analysis with a bottom-up stock picking approach while focusing on earnings growth prospects, defendable market position, market competition, macroeconomic backdrop, cash flow generation, valuation, capital allocation, return on capital, mileposts and catalysts, and point in cycle identification to make its investments. It benchmarks the performance of its portfolios against a composite index of 80% Dow Jones Oil and Gas Index and 20% Dow Jones Basic Materials Index. The firm was formerly known as Petroleum & Resources Corporation. Adams Natural Resources Fund, Inc. was founded in 1929 and is based in Baltimore, Maryland with an additional office in Boston, Massachusetts.


Classification

Keywords: S&P Global S&P/Tsx 60

Is PEO 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 24.07
52 Week Low 19.1493
Average Volume 46,122
200-Day Moving Average 22.04
50-Day Moving Average 22.97
20-Day Moving Average 22.81
10-Day Moving Average 23.29
Average True Range 0.42
RSI (14) 67.64
ADX 14.98
+DI 36.77
-DI 19.69
Chandelier Exit (Long, 3 ATRs) 22.82
Chandelier Exit (Short, 3 ATRs) 22.85
Upper Bollinger Bands 23.97
Lower Bollinger Band 21.64
Percent B (%b) 1.04
BandWidth 10.21
MACD Line 0.20
MACD Signal Line 0.07
MACD Histogram 0.1346
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 24.69
Resistance 3 (R3) 24.62 24.35 24.58
Resistance 2 (R2) 24.35 24.19 24.38 24.55
Resistance 1 (R1) 24.20 24.09 24.27 24.27 24.51
Pivot Point 23.93 23.93 23.96 23.96 23.93
Support 1 (S1) 23.78 23.77 23.86 23.85 23.61
Support 2 (S2) 23.51 23.67 23.54 23.57
Support 3 (S3) 23.37 23.51 23.54
Support 4 (S4) 23.43