PRN.AX (ASX)

PRN.AX ASX

Perenti

SELL

2.8100

Prev.Close

2.9700

Change

-0.1600

Change%

-5.39%

BEARISH TWO CROWS

Sold at

2.9500

Open

2.9800

High

2.9800

Low

2.7600

2.8100

Gain%

-4.75%

Signal History

Date	Price	Signal	Change%		AUD100⇨
30/01	2.9500	SELL	-4.7%		152
27/01	2.9600	BUY	-0.3%	❌	153
14/01	3.0300	SELL	-2.3%	✔	153
05/01	2.8400	BUY	+6.7%	✔	144
24/12	2.8800	SELL	-1.4%	✔	144
12/12	2.8600	BUY	+0.7%	✔	144
04/12	2.8500	SELL	+0.4%	❌	144
26/11	2.7200	BUY	+4.8%	✔	138
19/11	2.6200	SHORT	+3.8%	❌	144
10/11	2.6200	BUY	0.0%	❌	144
04/11	2.5900	SHORT	+1.2%	❌	146
30/10	2.6700	BUY	-3.0%	❌	152
14/10	2.8300	SELL	-5.7%	✔	152
17/09	2.5100	BUY	+12.7%	✔ 👍	135
15/09	2.4300	SELL	+3.3%	❌	135
05/08	1.7900	BUY	+35.8%	✔ 👍	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to SELL. The BEARISH TWO CROWS pattern has finally received confirmation because the prices crossed below the confirmation level at 2.9700, and our valid average selling price now stands at 2.9500. The previous BUY signal was issued on 27/01/2026, 3 days ago, when the stock price was 2.9600. Since then, PRN.AX has fallen by -0.34%.

Market Outlook

We may be at a market top or at the beginning of a correction. The market has lost momentum, and traders are now more aligned in their bearish outlook. The compelling evidence suggests it's prudent to consider closing long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a <SELL signal is generated. You still have time to act on the signal, and then you can begin evaluating other securities for a potential bullish bet.

Pattern Description

This pattern is a made up of three candlesticks. The black candlesticks of the second and third day represent the two crows that perched on the first white candlestick. more...

Date	Price	Signal	Change%		AUD100⇨
30/01	2.9500	SELL	-4.7%		237
27/01	2.9600	BUY	-0.3%	❌	239
14/01	3.0300	SELL	-2.3%	✔	239
05/01	2.8400	BUY	+6.7%	✔	225
24/12	2.8800	SELL	-1.4%	✔	225
12/12	2.8600	BUY	+0.7%	✔	224
04/12	2.8500	SELL	+0.4%	❌	224
26/11	2.7200	BUY	+4.8%	✔	215
19/11	2.6200	SHORT	+3.8%	❌	224
10/11	2.6200	BUY	0.0%	❌	225
04/11	2.5900	SHORT	+1.2%	❌	228
30/10	2.6700	BUY	-3.0%	❌	236
14/10	2.8300	SELL	-5.7%	✔	237
17/09	2.5100	BUY	+12.7%	✔ 👍	211
15/09	2.4300	SELL	+3.3%	❌	211
05/08	1.7900	BUY	+35.8%	✔ 👍	156
01/08	1.7500	SELL	+2.3%	❌	156
18/07	1.7100	BUY	+2.3%	✔	153
16/07	1.7010	SELL	+0.5%	❌	153
24/06	1.6280	BUY	+4.5%	✔	147
19/06	1.5900	SHORT	+2.4%	❌	151
12/06	1.5980	BUY	-0.5%	❌	152
06/06	1.5970	SELL	+0.1%	❌	153
19/05	1.4150	BUY	+12.9%	✔ 👍	136
15/05	1.3830	SELL	+2.3%	❌	136
30/04	1.3620	BUY	+1.5%	✔	134
28/04	1.3050	SELL	+4.4%	❌	134
15/04	1.2650	BUY	+3.2%	✔	130
02/04	1.3240	SELL	-4.5%	✔	131
28/03	1.3275	BUY	-0.3%	❌	131
10/03	1.2650	SHORT	+4.9%	❌	139
28/02	1.2800	BUY	-1.2%	❌	141
18/02	1.4100	SELL	-9.2%	✔	141
29/01	1.3500	BUY	+4.4%	✔	135
07/01	1.3880	SELL	-2.7%	✔	136
11/12	1.2800	BUY	+8.4%	✔	125
03/12	1.2400	SELL	+3.2%	❌	126
18/11	1.1950	BUY	+3.8%	✔	121
11/11	1.1650	SHORT	+2.6%	❌	125
31/10	1.1750	BUY	-0.9%	❌	127