Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

Perenti Limited

PRN.AX•ASX
Basic Materials
Industrial Materials
$2.44
$0.00(0.00%)
Australian Market opens in 32h 5m

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 shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 33.52)
Trend Strength:Strong (ADX: 31.82)
Volatility:High (ATR: 0.13)
Support/Resistance:$2.34 – $2.89 (Bollinger Bands)

This mix signals that Perenti Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 33.52

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 33.85

Bearish
Momentum remains weak below midpoint.

Williams %R: -76.56

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -8.56

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: -0.11

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 31.82

Strong
Strong trend, momentum well established.

ATR (14): 0.13

Low
Low volatility, stable price action.

CCI (14): -119.87

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.89
Middle Band (SMA 20)
$2.62
Lower Band
$2.34
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$2.88
Middle Line (EMA 20)
$2.61
Lower Channel
$2.35
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume16.79M
Money Flow Index47.77Neutral, balanced money flows with no clear signal.
Relative Vigor Index36.62Bearish, price momentum favors sellers.

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

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.

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

Bearish Signals

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

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