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Perenti Limited

PRN.AX Technical Analysis Summary (ASX)

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

PRN.AX●ASX
Basic MaterialsOther Precious Metals
$2.22
$0.00(0.00%)
Australian Market opens in 4h 58m

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 (ASX)

Perenti Limited (ASX: PRN.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 50.31)
Trend Strength:Moderate (ADX: 20.85)
Volatility:Medium (ATR: 0.08)
Support/Resistance:$2.16 – $2.37 (Bollinger Bands)

Technical conditions suggest Perenti Limited on the ASX is awaiting a decisive move. Overall, Perenti Limited shows bullish strength, supported by steady momentum and volume.

Momentum Indicators

RSI (14): 50.31

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 55.87

Neutral
Mid-range signal with no clear trend.

Williams %R: -26.92

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 0.00

Neutral
Price change is minimal.

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

Trend & Volatility

MACD: -0.02

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 20.85

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.08

Low
Low volatility, stable price action.

CCI (14): 15.02

Neutral
Neutral, no strong directional signal.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.37
Middle Band (SMA 20)
$2.27
Lower Band
$2.16
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$2.42
Middle Line (EMA 20)
$2.25
Lower Channel
$2.09
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume6.38M
Money Flow Index46.76Neutral, balanced money flows with no clear signal.
Relative Vigor Index57.68Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Perenti Limited (ASX: PRN.AX), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

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:Technical indicators for Perenti Limited are mixed, suggesting a Hold or wait-and-see approach.

(ASX: PRN.AX) Technical Analysis FAQ