Meyka Pro banner
PLS Group Limited

PLS.AX Technical Analysis Summary (ASX)

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

PLS.AX●ASX
Basic MaterialsIndustrial Materials
$2.83
$0.23(8.85%)
Australian Market opens in 53h 6m

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

PLS.AX Technical Analysis Summary (ASX)

PLS Group Limited (ASX: PLS.AX) stock currently shows a bearish trend on the ASX, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 39.46)
Trend Strength:Very Strong (ADX: 45.07)
Volatility:High (ATR: 0.19)
Support/Resistance:$2.43 – $3.38 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 39.46

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 29.54

Bearish
Momentum remains weak below midpoint.

Williams %R: -46.77

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -5.03

Strongly Bearish
Sharp downside momentum.

Takeaway:PLS Group Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.30

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 45.07

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.19

Low
Low volatility, stable price action.

CCI (14): 11.15

Neutral
Neutral, no strong directional signal.

Takeaway:PLS Group Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$3.38
Middle Band (SMA 20)
$2.90
Lower Band
$2.43
Current Position
Within Bands

Takeaway:PLS Group Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$3.35
Middle Line (EMA 20)
$2.97
Lower Channel
$2.59
Squeeze Status
No Squeeze

Takeaway:PLS Group Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-359.59M
Money Flow Index55.90Neutral, balanced money flows with no clear signal.
Relative Vigor Index44.97Neutral to Bearish, sellers hold a slight edge.

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

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

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:PLS Group Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(ASX: PLS.AX) Technical Analysis FAQ