Advertisement

Ads Placeholder
Loading...

Perenti Limited

PRN.AX•ASX
Basic Materials
Industrial Materials
$2.09
$-0.05(-2.34%)
Australian Market opens in 65h 8m

Perenti Limited (PRN.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Perenti Limited (ASX:PRN.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

PRN.AX Technical Analysis Summary

Perenti Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 47.60)
Trend Strength:Strong (ADX: 36.69)
Volatility:High (ATR: 0.11)
Support/Resistance:$1.82 – $2.11 (Bollinger Bands)

Technical conditions suggest Perenti Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 47.60

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 80.62

Bearish
Overbought levels may trigger pullback.

Williams %R: -27.78

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 2.50

Bullish
Steady upward momentum.

Takeaway:Perenti Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.08

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 36.69

Strong
Strong trend, momentum well established.

ATR (14): 0.11

Low
Low volatility, stable price action.

CCI (14): 114.87

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.11
Middle Band (SMA 20)
$1.97
Lower Band
$1.82
Current Position
Within Bands

Takeaway:Perenti Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$2.25
Middle Line (EMA 20)
$2.04
Lower Channel
$1.82
Squeeze Status
Squeeze On

Takeaway:Perenti Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-32.91M
Money Flow Index50.98Neutral, balanced money flows with no clear signal.
Relative Vigor Index47.26Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:PRN.AX shows balanced money flow with a slight bullish bias.

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

Bullish Signals

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:Perenti Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ