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Pro Medicus Limited

PME.AX Technical Analysis Summary (ASX)

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

PME.AXASX
HealthcareMedical - Healthcare Information Services
$163.94
$0.80(0.49%)
Australian Market opens in 2h 7m

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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

PME.AX Technical Analysis Summary (ASX)

Pro Medicus Limited (ASX: PME.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: 34.79)
Trend Strength:Strong (ADX: 37.57)
Volatility:Medium (ATR: 7.78)
Support/Resistance:$151.59 – $226.16 (Bollinger Bands)

Technical conditions suggest Pro Medicus Limited on the ASX is awaiting a decisive move. Technical conditions suggest Pro Medicus Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 34.79

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 14.04

Bullish
Oversold zone signals rebound potential.

Williams %R: -83.93

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -22.09

Strongly Bearish
Sharp downside momentum.

Takeaway:Pro Medicus Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -4.55

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 37.57

Strong
Strong trend, momentum well established.

ATR (14): 7.78

High
High volatility, wide price fluctuations.

CCI (14): -70.03

Bearish
Bearish, momentum remains under pressure.

Takeaway:Pro Medicus Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$226.16
Middle Band (SMA 20)
$188.87
Lower Band
$151.59
Current Position
Within Bands

Takeaway:Pro Medicus Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$194.00
Middle Line (EMA 20)
$178.45
Lower Channel
$162.89
Squeeze Status
No Squeeze

Takeaway:Pro Medicus Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume2.89M
Money Flow Index21.54Bearish, selling pressure outweighs inflows.
Relative Vigor Index53.33Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Pro Medicus Limited (ASX: PME.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

MACD below signal line → short-term caution on momentum.

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

(ASX: PME.AX) Technical Analysis FAQ