Permian Resources Corporation
Here’s whether Permian Resources Corporation (PR) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Neutral.
Positives: trading above the 200-day MA (long-term uptrend intact); RSI 41 — healthy momentum range; strong 1-year return of +34.8%. Concerns: below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-1.15% over 10 days); declining volume on rally — weak conviction (0.74x 30d avg). Currently 14.0% off its 52-week high. Score: +1/7.
PR is holding above its long-term 200-day MA ($16.41) but has slipped below the 50-day MA ($20.38), pointing to short-term weakness in an otherwise intact trend. An RSI of 41.1 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +34.8% compares to +22.9% for SPY (beat the market by 12.0%).