PENNON GROUP PLC (PNN.L) Technical Analysis
LON:PNN • GB00BNNTLN49
Current stock price
PNN.L Technical Rating and Analysis
Overall PNN gets a technical rating of 4 out of 10. In the last year, PNN was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- In the last month PNN has a been trading in the 488.00 - 571.00 range, which is quite wide. It is currently trading near the high of this range.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, PNN outperforms 60% of them, which is more or less in line with the market.
- PNN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PNN is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
PNN.L Weekly and Daily overview Charts
PNN.L Setup Rating and Analysis
PNN has an average technical rating and it also does not offer a high 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
PNN.L Support and Resistance Analysis
494.96
When analyzing the support we notice one important area.
- A support zone ranging from 499.96 to 512.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 593.55 to 600.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @618.00 from a horizontal line in the weekly time frame.
PNN.L 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for PNN.L is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PNN.L is neutral. |
| ChartMill Relative Strength | 60 | NEUTRAL | PNN.L is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PNN.L is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PNN.L is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PNN.L is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.95 | NEUTRAL | The RSI value for PNN.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.16 | POSITIVE | The MACD value suggests PNN.L has a positive trend. |
| Stochastics (14,3) | 68.13 | NEUTRAL | The Stochastics value for PNN.L is a neutral value. |
| Average True Range in percent/ATR (20) | 3.32 | MEDIUM VOLATILITY | The ATR as a percentage value for PNN.L suggests some volalility. |
| Average Directional Index/ADX (14) | 22.49 | NEUTRAL | The ADX value for PNN.L suggests a possible start of a new trend. |
PNN.L Chart- and CandleStick Pattern Analysis
PNN.L Technicals: Chart, Performance Metrics, Trend & Indicators
LON:PNN (4/2/2026, 5:29:59 PM)
554.5
+11 (+2.02%)
PENNON GROUP PLC / PNN.L TA FAQ
What is the technical rating for PNN stock?
ChartMill assigns a technical rating of 4 / 10 to PNN.L.
What is the current trend direction of PENNON GROUP PLC (PNN.L) stock?
The current trend direction for PENNON GROUP PLC (PNN.L) is Bearish.
What is the RSI signal for PENNON GROUP PLC (PNN.L) stock?
PENNON GROUP PLC (PNN.L) has an RSI value of 55.9471. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for PENNON GROUP PLC?
PENNON GROUP PLC (PNN.L) has a support level at 512.46 and a resistance level at 593.55. Check the full technical report for our detailed analysis of PNN.L support and resistance levels.