PRIMEENERGY RESOURCES CORP (PNRG) Technical Analysis
NASDAQ:PNRG • US74158E1047
Current stock price
PNRG Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to PNRG. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PNRG is only an average performer.
- PNRG is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 64% of 208 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- PNRG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PNRG is performing more or less in line with the market.
- In the last month PNRG has a been trading in the 175.38 - 225.00 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that PNRG is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this relatively good performance is mostly due to a recent big move.
PNRG Weekly and Daily overview Charts
PNRG Setup Rating and Analysis
Although PNRG has an excellent technical rating, it 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
PNRG Support and Resistance Analysis
142.56
When analyzing the support we can see 4 important areas.
- A support zone ranging from 201.68 to 201.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @178.97 from a trend line in the daily time frame.
- Support @166.21 from a horizontal line in the daily time frame.
- Support @144.00 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @224.07 from a horizontal line in the weekly time frame.
PNRG Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for PNRG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PNRG is up. |
| ChartMill Relative Strength | 78.57 | POSITIVE | PNRG has a high relative strength, it outperformed 78.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PNRG is above 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) | UP | POSITIVE | The current price of PNRG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.15 | NEUTRAL | The RSI value for PNRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.01 | POSITIVE | The MACD value suggests PNRG has a positive trend. |
| Stochastics (14,3) | 84.03 | OVERBOUGHT | The high Stochastics value suggests PNRG may be overbought. |
| Average True Range in percent/ATR (20) | 4.77 | MEDIUM VOLATILITY | The ATR as a percentage value for PNRG suggests some volalility. |
| Average Directional Index/ADX (14) | 18.7 | NEGATIVE | The low ADX value for PNRG suggests a weak or negative trend. |
PNRG Chart- and CandleStick Pattern Analysis
PNRG Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:PNRG (3/20/2026, 3:39:52 PM)
221.06
+2.64 (+1.21%)
PRIMEENERGY RESOURCES CORP / PNRG TA FAQ
What is the technical rating for PNRG stock?
ChartMill assigns a technical rating of 8 / 10 to PNRG.
Can you provide the trend direction for PRIMEENERGY RESOURCES CORP?
The current trend direction for PRIMEENERGY RESOURCES CORP (PNRG) is Bullish.
What is the RSI signal for PRIMEENERGY RESOURCES CORP (PNRG) stock?
PRIMEENERGY RESOURCES CORP (PNRG) has an RSI value of 66.1527. 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 1.01465, indicating a bullish trend.
What is the short term momentum for PRIMEENERGY RESOURCES CORP (PNRG) stock?
The short term momentum for PRIMEENERGY RESOURCES CORP (PNRG) is positive.