Is Pure Resources Limited stock a buy or sell right now?

Based on current indicators, Pure Resources Limited shows a Buy signal, supported by strong momentum and a confirmed uptrend.

What is Pure Resources Limited’s RSI?

RSI is 77.99, indicating overbought levels and potential for a pullback.

What does MACD indicate for PR1.AX?

MACD at 0.02 signals bullish momentum with buyers in control.

What are Pure Resources Limited’s key support and resistance levels?

Support sits around $0.23, while resistance is near $0.36. A breakout above $0.36 would open the door for further upside.

Pure Resources Limited

Get $10 bonus on your first $100 deposit for PR1.AX

PR1.AX•ASX

Basic Materials

Industrial Materials

Get $10 bonus on your first $100 deposit for PR1.AX

$0.37

$0.02(4.23%)

Australian Market opens in 7h 13m

Pure Resources Limited (PR1.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Pure Resources Limited (ASX:PR1.AX).

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

PR1.AX Technical Analysis Summary

Pure Resources Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy

Momentum:Bullish to Bearish Risk (RSI: 77.99)

Trend Strength:Moderate (ADX: 29.82)

Volatility:High (ATR: 0.02)

Support/Resistance:$0.23 – $0.36 (Bollinger Bands)

Overall, Pure Resources Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 77.99

Bearish

Overbought, selling pressure may emerge.

Stochastic %K: 53.33

Neutral

Mid-range signal with no clear trend.

Williams %R: -45.71

Neutral

Balanced market without strong signals.

Rate of Change (ROC): 32.14

Strongly Bullish

Strong upside momentum.

Takeaway:Pure Resources Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.02

Bullish

Bullish, trend momentum is strengthening.

ADX: 29.82

Moderate

Moderate trend, direction gaining strength.

ATR (14): 0.02

Low

Low volatility, stable price action.

CCI (14): 137.81

Bearish Risk

Bearish risk, overbought levels suggest caution.

Takeaway:Pure Resources Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators

Bollinger Bands

Upper Band

$0.36

Middle Band (SMA 20)

$0.29

Lower Band

$0.23

Current Position

Above Upper Band

Takeaway:Pure Resources Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels

Upper Channel

$0.33

Middle Line (EMA 20)

$0.30

Lower Channel

$0.27

Squeeze Status

No Squeeze

Takeaway:Pure Resources Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis

On-Balance Volume4.89M

Money Flow Index95.40Bearish risk, overbought conditions may trigger pullback.

Relative Vigor Index60.75Bullish, price momentum strongly favors buyers.

Overall Takeaway:PR1.AX shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary

Based on the current technical analysis of Pure Resources Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Pure Resources Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.