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Prominence Energy Ltd

PRM.AX•ASX
Energy
Oil & Gas Exploration & Production
$0.003
$0.00(0.00%)
Australian Market opens in 53h 24m

Prominence Energy Ltd (PRM.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Prominence Energy Ltd (ASX:PRM.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

PRM.AX Technical Analysis Summary

Prominence Energy Ltd stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 51.31)
Trend Strength:Moderate (ADX: 20.38)
Support/Resistance:$0.00 – $0.00 (Bollinger Bands)

Technical conditions suggest Prominence Energy Ltd is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 51.31

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 83.33

Bearish
Overbought levels may trigger pullback.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 0.00

Neutral
Price change is minimal.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 20.38

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): -5.13

Neutral
Neutral, no strong directional signal.

Takeaway:Prominence Energy Ltd shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
-
Middle Band (SMA 20)
-
Lower Band
-
Current Position
Unknown
Keltner Channels
Upper Channel
-
Middle Line (EMA 20)
-
Lower Channel
-
Squeeze Status
Unknown
Volume & Money Flow Analysis
On-Balance Volume-18.17M
Money Flow Index60.34Bullish, inflows support continued momentum.
Relative Vigor Index24.65Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Prominence Energy Ltd, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

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

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

Bearish Signals

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

RVI below 50 → vigor tilted toward sellers.

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

Technical Analysis FAQ