PENNON GROUP PLC (PNN.L) Stock Technical Analysis
Europe - London Exchange - LON:PNN - GB00BNNTLN49 - Common Stock
We assign a technical rating of 5 out of 10 to PNN. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, PNN is a bad performer.
PNN has an average technical rating and also the quality of the setup is only medium 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
441.23
4 important support areas can be observed.
- A support zone ranging from 512.62 to 518.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 471.15 to 473.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @456.84 from a trend line in the daily time frame.
- A support zone ranging from 445.69 to 448.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 542.07 to 553.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for PNN.L is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PNN.L is neutral. |
| ChartMill Relative Strength | 30.71 | NEUTRAL | PNN.L is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PNN.L is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PNN.L is above 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) | 50.27 | NEUTRAL | The RSI value for PNN.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.38 | NEGATIVE | The MACD value suggests PNN.L has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.46 | NEUTRAL | The Stochastics value for PNN.L is a neutral value. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for PNN.L suggests some volalility. |
| Average Directional Index/ADX (14) | 20.59 | NEUTRAL | The ADX value for PNN.L suggests a possible start of a new trend. |
LON:PNN (12/18/2025, 5:36:15 PM)
522
-3 (-0.57%)
PENNON GROUP PLC / PNN.L FAQ
What is the technical rating for PNN stock?
ChartMill assigns a technical rating of 5 / 10 to PNN.L.
Can you provide the trend direction for PENNON GROUP PLC?
The current trend direction for PENNON GROUP PLC (PNN.L) is Bullish.
What is the RSI signal for PNN stock?
PENNON GROUP PLC (PNN.L) has an RSI value of 50.2678. This indicates that the stock is currently neutral.
What is the support and resistance level for PNN stock?
PENNON GROUP PLC (PNN.L) has a support level at 518.59 and a resistance level at 542.07. Check the full technical report for our detailed analysis of PNN.L support and resistance levels.