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Peninsula Energy Limited

PEN.AX Technical Analysis Summary (ASX)

Analyze PEN.AX on the ASX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

PEN.AX●ASX
EnergyUranium
$0.26
$0.01(3.77%)
Australian Market opens in 55h 17m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

PEN.AX Technical Analysis Summary (ASX)

Peninsula Energy Limited (ASX: PEN.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 43.61)
Trend Strength:Weak (ADX: 10.58)
Volatility:High (ATR: 0.02)
Support/Resistance:$0.25 – $0.31 (Bollinger Bands)

Technical conditions suggest Peninsula Energy Limited on the ASX is awaiting a decisive move. This mix signals that Peninsula Energy Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 43.61

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 28.21

Bearish
Momentum remains weak below midpoint.

Williams %R: -84.62

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -11.86

Strongly Bearish
Sharp downside momentum.

Takeaway:Peninsula Energy Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 10.58

Weak
Weak trend, market trading sideways.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): -66.27

Bearish
Bearish, momentum remains under pressure.

Takeaway:Peninsula Energy Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.31
Middle Band (SMA 20)
$0.28
Lower Band
$0.25
Current Position
Within Bands

Takeaway:Peninsula Energy Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.31
Middle Line (EMA 20)
$0.28
Lower Channel
$0.24
Squeeze Status
Squeeze On

Takeaway:Peninsula Energy Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-38.09M
Money Flow Index45.97Neutral, balanced money flows with no clear signal.
Relative Vigor Index33.50Bearish, price momentum favors sellers.

Overall Takeaway:PEN.AX shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Peninsula Energy Limited (ASX: PEN.AX), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Peninsula Energy Limited are mixed, suggesting a Hold or wait-and-see approach.

(ASX: PEN.AX) Technical Analysis FAQ