Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Advertisement
Patronus Resources Limited

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

Live technical indicators, trading signals, and momentum insights for Patronus Resources Limited.

PTN.AX●ASX
Basic MaterialsGold
$0.05
$0.001(2.04%)
Australian Market is Open · 10:47
Advertisement

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 Bullish (RSI: 50.32)
Trend Strength:Moderate (ADX: 29.31)
Support/Resistance:$0.04 – $0.05 (Bollinger Bands)

This mix signals that Patronus Resources Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 50.32

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 80.91

Bearish
Overbought levels may trigger pullback.

Williams %R: -20.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 2.13

Bullish
Steady upward momentum.

Takeaway:Patronus Resources Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 29.31

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): 96.30

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.05
Middle Band (SMA 20)
$0.05
Lower Band
$0.04
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$0.05
Middle Line (EMA 20)
$0.05
Lower Channel
$0.04
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-18.90M
Money Flow Index51.44Neutral, balanced money flows with no clear signal.
Relative Vigor Index42.47Neutral to Bearish, sellers hold a slight edge.

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

RSI above 50 → positive momentum from buyers.

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.

Technical Analysis FAQ