PENNON GROUP PLC (PNN.L) Stock Technical Analysis
Europe - LON:PNN - GB00BNNTLN49 - Common Stock
Overall PNN gets a technical rating of 1 out of 10. 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.
PNN has a poor technical rating and the quality of the setup is also not perfect 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.
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441.23
When analyzing the support we can see 3 important areas.
- Support @476.40 from a horizontal line in the daily time frame.
- A support zone ranging from 463.47 to 464.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 514.68 to 521.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 531.76 to 537.01. 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 | NEUTRAL | NEUTRAL | The long term trend for PNN.L is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PNN.L is down. |
| ChartMill Relative Strength | 14.14 | NEGATIVE | PNN.L has a low relative strength, it was outperformed by 85.86% 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) | 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) | 38.53 | NEUTRAL | The RSI value for PNN.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -4.41 | NEGATIVE | The MACD value suggests PNN.L has a negative trend. |
| Stochastics (14,3) | 7.23 | OVERSOLD | The low Stochastics value suggests PNN.L may be oversold. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for PNN.L suggests some volalility. |
| Average Directional Index/ADX (14) | 23.18 | NEUTRAL | The ADX value for PNN.L suggests a possible start of a new trend. |
LON:PNN (11/19/2025, 5:36:15 PM)
489.8
-9.6 (-1.92%)
PENNON GROUP PLC / PNN.L FAQ
What is the technical rating for PNN stock?
ChartMill assigns a technical rating of 1 / 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 Bearish.
What is the RSI signal for PNN stock?
PENNON GROUP PLC (PNN.L) has an RSI value of 38.5268. 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 476.4 and a resistance level at 514.68. Check the full technical report for our detailed analysis of PNN.L support and resistance levels.