Kimbell Royalty (KRP) Crossed Above the 200-Day Moving Average: What That Means for Investors

Group 1 - Kimbell Royalty (KRP) has surpassed resistance at the 200-day moving average, indicating a long-term bullish trend [1] - KRP shares have increased by 5.8% over the past four weeks, and the stock is currently rated as Zacks Rank 2 (Buy) [2] - Positive earnings estimate revisions support the bullish outlook, with no estimates decreasing and two increasing in the past two months [2] Group 2 - The combination of the technical indicator and positive earnings revisions suggests that KRP should be considered for a watchlist [3]