PERSIMMON PLC (PSN.L) Stock Technical Analysis
LON:PSN - London Exchange - GB0006825383 - Common Stock - Currency: GBX
Taking everything into account, PSN scores 0 out of 10 in our technical rating. PSN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, PSN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1231.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1166.56, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PSN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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1,063.25
3 important support areas can be observed.
- A support zone ranging from 1155.00 to 1166.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1113.77 to 1116.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1073.99 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1231.01 to 1280.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1342.75 to 1347.01. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @1388.00 from a horizontal line in the daily 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 PSN.L is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PSN.L is down. |
| ChartMill Relative Strength | 6.77 | NEGATIVE | PSN.L has a low relative strength, it was outperformed by 93.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PSN.L is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PSN.L is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PSN.L is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.82 | NEUTRAL | The RSI value for PSN.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -6.85 | NEGATIVE | The MACD value suggests PSN.L has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.09 | OVERSOLD | The low Stochastics value suggests PSN.L may be oversold. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for PSN.L suggests some volalility. |
| Average Directional Index/ADX (14) | 30.77 | POSITIVE | The high ADX value value for PSN.L suggests a strong trend. |
LON:PSN (7/18/2025, 9:22:12 AM)
1179.5
+6.5 (+0.55%)