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PNE AG (PNE3.DE) Stock Technical Analysis

FRA:PNE3 - Deutsche Boerse Ag - DE000A0JBPG2 - Common Stock - Currency: EUR

15.3  0 (0%)

Technical Rating and Analysis

9

Taking everything into account, PNE3 scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PNE3 is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
PNE3 is one of the better performing stocks in the Electrical Equipment industry, it outperforms 84% of 54 stocks in the same industry.
PNE3 is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so PNE3 is leading the market.
PNE3 is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Looking at the yearly performance, PNE3 did better than 81% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Weekly and Daily overview Charts
PNE AG / PNE3 Weekly stock chart
PNE AG / PNE3 Daily stock chart
Setup Rating and Analysis

8

PNE3 has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 15.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.07, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

10.77

15.64

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 14.95 to 15.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @13.67 from a horizontal line in the daily time frame.
  • Support @12.04 from a horizontal line in the daily time frame.
  • Support @10.88 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 15.31 to 15.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for PNE3.DE is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for PNE3.DE is up.
ChartMill Relative Strength81.25POSITIVEPNE3.DE has a high relative strength, it outperformed 81.25% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of PNE3.DE is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of PNE3.DE is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of PNE3.DE is above the rising SMA(200).
Relative Strength Index/RSI (14)64.92NEUTRALThe RSI value for PNE3.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests PNE3.DE has a negative trend, although the MACD value is rising.
Stochastics (14,3)90.87OVERBOUGHTThe high Stochastics value suggests PNE3.DE may be overbought.
Average True Range in percent/ATR (20)1.77LOW VOLATILITYThe low ATR as a percentage value for PNE3.DE suggests low volalility.
Average Directional Index/ADX (14)26.16POSITIVEThe high ADX value value for PNE3.DE suggests a strong trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
15.5014.940.56 (3.61%)25.00%
An entry @15.50. This is a Buy Stop order right above the resistance zone.An exit @14.94. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.56 points, which is 3.61%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.90%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PNE AG / PNE3 Daily stock chart

PNE AG

FRA:PNE3 (6/2/2025, 12:12:05 PM)

15.3

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg0%
1 Week2.27%
2 Weeks1.86%
1 Month1.32%
3 Month16.09%
6 Month37.34%
12 Month2.55%
2 Year7.9%
3 Year16.09%
5 Year213.53%
10 Year576.69%
15 Year621.7%
Volatility
ATR(14)0.2
ATR(20)%1.77%
ATR Inc-37.93%
Range Today0.16
ADR(20)0.27
ADR(20)%1.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.25
Mansfield1.4
10 Day High15.3
10 Day Low14.82
20 Day High15.3
20 Day Low13.8
52 Week High15.6
52 Week Low10.34
CS1 End15.07
CR1 Start15.31
Volume & EV
DER(3)2.64%
DER(5)2.91%
Volume16.97K
Volume Incr-14.63%
Vol(5)76.29K
Vol(50)84.90K