Taking everything into account, PNRG scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. PNRG was also a bad performer in the overall market in the last year.
PNRG has an average technical rating and it also does not offer a high quality setup 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
137.11
3 important support areas can be observed.
- A support zone ranging from 166.20 to 168.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @146.50 from a trend line in the daily time frame.
- Support @138.49 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 190.01 to 192.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @196.87 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 | NEUTRAL | NEUTRAL | The long term trend for PNRG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PNRG is neutral. |
| ChartMill Relative Strength | 38.94 | NEUTRAL | PNRG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PNRG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PNRG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PNRG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.44 | NEUTRAL | The RSI value for PNRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.93 | NEGATIVE | The MACD value suggests PNRG has a negative trend. |
| Stochastics (14,3) | 15.15 | OVERSOLD | The low Stochastics value suggests PNRG may be oversold. |
| Average True Range in percent/ATR (20) | 5.56 | HIGH VOLATILITY | The high ATR as a percentage value for PNRG suggests high volalility. |
| Average Directional Index/ADX (14) | 28.44 | POSITIVE | The high ADX value value for PNRG suggests a strong trend. |
NASDAQ:PNRG (12/19/2025, 8:10:30 PM)
168.45
+1.29 (+0.77%)
PRIMEENERGY RESOURCES CORP / PNRG FAQ
What is the technical rating for PNRG stock?
ChartMill assigns a technical rating of 4 / 10 to PNRG.
What is the trend direction for PNRG stock?
The current trend direction for PRIMEENERGY RESOURCES CORP (PNRG) is Bearish.
What is the RSI signal for PRIMEENERGY RESOURCES CORP (PNRG) stock?
PRIMEENERGY RESOURCES CORP (PNRG) has an RSI value of 49.4426. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PRIMEENERGY RESOURCES CORP?
The MACD indicator for PRIMEENERGY RESOURCES CORP (PNRG) has a value of -2.9258, indicating a bearish trend.
What is the short term momentum for PNRG stock?
The short term momentum for PRIMEENERGY RESOURCES CORP (PNRG) is neutral.