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Prospect Resources Limited

PSC.AX Technical Analysis Summary (ASX)

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

PSC.AXASX
Basic MaterialsIndustrial Materials
$0.21
$0.03(12.50%)
Australian Market opens in 5h 9m

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

PSC.AX Technical Analysis Summary (ASX)

Prospect Resources Limited (ASX: PSC.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: 47.72)
Trend Strength:Moderate (ADX: 24.13)
Volatility:High (ATR: 0.02)
Support/Resistance:$0.20 – $0.28 (Bollinger Bands)

Technical conditions suggest Prospect Resources Limited on the ASX is awaiting a decisive move. This mix signals that Prospect Resources Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 47.72

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 62.50

Bullish
Buying momentum building without extremes.

Williams %R: -25.00

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -7.69

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 24.13

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): 65.21

Bullish
Bullish, momentum building upward.

Takeaway:Prospect Resources Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.28
Middle Band (SMA 20)
$0.24
Lower Band
$0.20
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$0.28
Middle Line (EMA 20)
$0.24
Lower Channel
$0.20
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-2.23M
Money Flow Index51.98Neutral, balanced money flows with no clear signal.
Relative Vigor Index37.37Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Prospect Resources Limited (ASX: PSC.AX), 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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Prospect Resources Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(ASX: PSC.AX) Technical Analysis FAQ