Meyka Pro banner
Petrus Resources Ltd.

PRQ.TO Technical Analysis Summary (TSX)

Analyze PRQ.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

PRQ.TOTSX
EnergyOil & Gas Exploration & Production
$1.83
$0.00(0.00%)
Canadian Market opens in 12h 45m

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

PRQ.TO Technical Analysis Summary (TSX)

Petrus Resources Ltd. (TSX: PRQ.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 61.81)
Trend Strength:Weak (ADX: 13.89)
Volatility:Medium (ATR: 0.05)
Support/Resistance:$1.67 – $1.87 (Bollinger Bands)

Technical conditions suggest Petrus Resources Ltd. on the TSX is awaiting a decisive move. Overall, Petrus Resources Ltd. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 61.81

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 88.24

Bearish
Overbought levels may trigger pullback.

Williams %R: -11.76

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 5.78

Strongly Bullish
Strong upside momentum.

Takeaway:Petrus Resources Ltd. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.03

Bullish
Bullish, trend momentum is strengthening.

ADX: 13.89

Weak
Weak trend, market trading sideways.

ATR (14): 0.05

Low
Low volatility, stable price action.

CCI (14): 69.48

Bullish
Bullish, momentum building upward.

Takeaway:Petrus Resources Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.87
Middle Band (SMA 20)
$1.77
Lower Band
$1.67
Current Position
Within Bands

Takeaway:Petrus Resources Ltd. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$1.88
Middle Line (EMA 20)
$1.79
Lower Channel
$1.69
Squeeze Status
No Squeeze

Takeaway:Petrus Resources Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume109.30K
Money Flow Index76.68Bullish, inflows support continued momentum.
Relative Vigor Index34.88Bearish, price momentum favors sellers.

Overall Takeaway:PRQ.TO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Petrus Resources Ltd. (TSX: PRQ.TO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

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

(TSX: PRQ.TO) Technical Analysis FAQ