PENNON GROUP PLC (PNN.L) Stock Technical Analysis
LON:PNN - GB00BNNTLN49 - Common Stock
462.6 GBX
+3.4 (+0.74%)
We assign a technical rating of 0 out of 10 to PNN. PNN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, PNN is a bad performer in the overall market: 90% of all stocks are doing better.
PNN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month PNN has a been trading in the 439.80 - 505.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of PNN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
457.97
535.64
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 472.15 to 492.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @507.01 from a horizontal line in the daily time frame.
- A resistance zone ranging from 515.51 to 520.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @530.34 from a trend line in the weekly time frame.
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for PNN.L is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PNN.L is down. |
| ChartMill Relative Strength | 10.19 | NEGATIVE | PNN.L has a low relative strength, it was outperformed by 89.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PNN.L is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PNN.L is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PNN.L is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.54 | NEUTRAL | The RSI value for PNN.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.26 | NEGATIVE | The MACD value suggests PNN.L has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.41 | OVERSOLD | The low Stochastics value suggests PNN.L may be oversold. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for PNN.L suggests some volalility. |
| Average Directional Index/ADX (14) | 19.15 | NEGATIVE | The low ADX value for PNN.L suggests a weak or negative trend. |
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)
LON:PNN (9/5/2025, 5:29:50 PM)
462.6
+3.4 (+0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.74%
1 Week-3.61%
2 Weeks-6.25%
1 Month-9.43%
3 Month-2.59%
6 Month17.02%
12 Month-27.34%
2 Year-22.82%
3 Year-41.73%
5 Year-55.37%
10 Year-40.9%
15 Year-21.03%
Volatility
ATR(14)10.77
ATR(20)%2.34%
ATR Inc6.22%
Range Today7.4
ADR(20)10.38
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.19
Mansfield-1.89
10 Day High495.2
10 Day Low439.8
20 Day High505.5
20 Day Low439.8
52 Week High638.5
52 Week Low383.2
CS1 EndN/A
CR1 Start472.15
Volume & EV
DER(3)2.13%
DER(5)-0.05%
Volume338.74K
Volume Incr33.06%
Vol(5)422.21K
Vol(50)396.31K