San Juan Basin Royalty Trust Hits 52-Week Low, Triggers Oversold Signal

Apr 24, 2026 21:00 UTC

SJT

Short term

Shares of SJT have dropped to $4.15, pushing the Relative Strength Index (RSI) into oversold territory. Technical analysts suggest the current price action may indicate a potential bottom.

Shares reached 52-week low of $4.15
RSI reading of 28.3 indicates oversold conditions
52-week high stands at $7.22
Significant momentum divergence from S&P 500

San Juan Basin Royalty Trust (SJT) has reached a critical technical threshold, with shares hitting a 52-week low of $4.15. This price movement has triggered a Relative Strength Index (RSI) alert, signaling that the security is currently in oversold territory. The RSI for SJT currently stands at 28.3, a stark contrast to the broader market's momentum. For comparison, the S&P 500 ETF (SPY) maintains a significantly higher RSI of 68.2, highlighting a sharp divergence between the royalty trust and the general equity market. The trust's shares have seen a substantial decline from their 52-week high of $7.22. With the most recent trade recorded at $4.20, the asset is trading at the bottom edge of its yearly range. From a technical perspective, an RSI reading below 30 often suggests that selling pressure may be exhausting itself. Bullish traders may view this extreme deviation as a potential entry point for a reversal play, provided the underlying fundamentals remain stable.