Natural Resource Partners LP

NRP remains in a Stage 2 advancing regime with strong multi-timeframe bullish alignment, yet short-term RSI is extreme overbought and price is extended near its 52-week high. We will defer entry and wait for a shallow pullback into the rising 9-EMA/20-EMA zone around $109–$111 for a lower-risk re-entry, preserving medium- and long-term bullish conviction.

• ↑Q2 FCF of $42M funds planned November distributions
• ↑Debt cut to $14M after revolver payoff
• ↓Oversupplied soda ash market drives prices lower