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Patronus Resources Limited

PTN.AX•ASX
Basic Materials
Gold
$0.06
$0.00(0.00%)
Australian Market opens in NaNh NaNm

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:Bearish to Weak (RSI: 36.00)
Trend Strength:Weak (ADX: 18.44)
Support/Resistance:$0.06 – $0.07 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 36.00

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 0.00

Bullish
Oversold zone signals rebound potential.

Williams %R: -100.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -10.77

Strongly Bearish
Sharp downside momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 18.44

Weak
Weak trend, market trading sideways.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): -173.53

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Patronus Resources Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.07
Middle Band (SMA 20)
$0.06
Lower Band
$0.06
Current Position
Below Lower Band

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

Keltner Channels
Upper Channel
$0.07
Middle Line (EMA 20)
$0.06
Lower Channel
$0.06
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 Volume-4.28M
Money Flow Index11.63Bullish, oversold conditions signal rebound potential.
Relative Vigor Index18.85Bearish, price momentum favors sellers.

Overall Takeaway:PTN.AX shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Patronus Resources Limited, here are the key trading signals and recommendations:

Bullish Signals

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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