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Patronus Resources Limited

PTN.AX•ASX
Basic Materials
Gold
$0.07
$-0.00(-2.78%)
Australian Market opens in 4h 10m

Patronus Resources Limited (PTN.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Patronus Resources Limited (ASX:PTN.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

PTN.AX Technical Analysis Summary

Patronus Resources Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 45.46)
Trend Strength:Moderate (ADX: 21.19)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.06 – $0.09 (Bollinger Bands)

Overall, Patronus Resources Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 45.46

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 27.14

Bearish
Momentum remains weak below midpoint.

Williams %R: -90.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): 2.86

Bullish
Steady upward momentum.

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

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 21.19

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): -64.94

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.09
Middle Band (SMA 20)
$0.08
Lower Band
$0.06
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$0.09
Middle Line (EMA 20)
$0.08
Lower Channel
$0.07
Squeeze Status
No Squeeze

Takeaway:Patronus Resources Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume5.51M
Money Flow Index60.64Bullish, inflows support continued momentum.
Relative Vigor Index32.67Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Patronus Resources 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

RVI below 50 → vigor tilted toward sellers.

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

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