Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Perseus Mining Limited

PRU.AX Technical Analysis Summary (ASX)

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

PRU.AX●ASX
Basic MaterialsGold
$6.24
$0.16(2.50%)
Australian Market opens in 0h 35m

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

PRU.AX Technical Analysis Summary (ASX)

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

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.14)
Trend Strength:Weak (ADX: 17.62)
Volatility:Medium (ATR: 0.20)
Support/Resistance:$6.26 – $6.77 (Bollinger Bands)

Technical conditions suggest Perseus Mining Limited on the ASX is awaiting a decisive move. Overall, Perseus Mining Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 44.14

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 17.98

Bullish
Oversold zone signals rebound potential.

Williams %R: -91.14

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -1.58

Bearish
Selling pressure outweighs buying.

Takeaway:Perseus Mining Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.06

Bullish
Bullish, trend momentum is strengthening.

ADX: 17.62

Weak
Weak trend, market trading sideways.

ATR (14): 0.20

Low
Low volatility, stable price action.

CCI (14): -139.20

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Perseus Mining Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$6.77
Middle Band (SMA 20)
$6.52
Lower Band
$6.26
Current Position
Below Lower Band

Takeaway:Perseus Mining Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$6.86
Middle Line (EMA 20)
$6.45
Lower Channel
$6.05
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume16.97M
Money Flow Index49.98Neutral, balanced money flows with no clear signal.
Relative Vigor Index27.45Bearish, price momentum favors sellers.

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

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

Bullish Signals

MACD above 0 → bullish trend confirmation.

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

(ASX: PRU.AX) Technical Analysis FAQ