Pennon Group Stock Forecast

Hold candidate since Jun 03, 2026

The Pennon Group PLC stock price gained 1.99% on the last trading day (Wednesday, 3rd Jun 2026), rising from $13.32 to $13.59. During the last trading day the stock fluctuated 1.00% from a day low at $13.45 to a day high of $13.59. The price has risen in 6 of the last 10 days but is still down by -0.26% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 100 more shares were traded than the day before. In total, 200 shares were bought and sold for approximately $2.72 thousand.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -3.79% during the next 3 months and, with a 90% probability hold a price between $12.35 and $14.29 at the end of this 3-month period.

PEGRY Signals & Forecast

Pennon Group PLC has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Pennon Group PLC stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $13.87 and $14.15. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, May 27, 2026, and so far it has fallen -6.05%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Pennon Group PLC stock

Pennon Group PLC finds support from accumulated volume at $13.48 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.135 between high and low, or 1.00%. For the last week, the stock has had daily average volatility of 1.48%.

Our recommended stop-loss: $12.77 (-6.02%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 5 days ago.)

Trading Expectations (PEGRY) For The Upcoming Trading Day Of Thursday 4th

For the upcoming trading day on Thursday, 4th we expect Pennon Group PLC to open at $13.54, and during the day (based on 14 day Average True Range), to move between $13.42 and $13.75, which gives a possible trading interval of +/-$0.335 (+/-2.49%) up or down from last closing price. If Pennon Group PLC takes out the full calculated possible swing range there will be an estimated 2.49% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $13.48 (0.80%) than the resistance at $13.90 (2.32%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Pennon Group PLC stock A Buy?

Pennon Group PLC holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold candidate.

Current score: -0.880 Hold/Accumulate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on June 4, 2026 - $13.54 ( 0.331%).

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