PRIMEENERGY RESOURCES CORP (PNRG) Stock Technical Analysis
USA - NASDAQ:PNRG - US74158E1047 - Common Stock
163.52 USD
+4.17 (+2.62%)
Taking everything into account, PNRG scores 3 out of 10 in our technical rating. PNRG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
PNRG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
PNRG is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry. PNRG outperforms 70% of them.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, PNRG outperforms 56% of them, which is more or less in line with the market.
In the last month PNRG has a been trading in the 143.96 - 180.81 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, PNRG does present a nice setup opportunity. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
141.46
185.53
2 important support areas can be observed.
- Support @154.75 from a trend line in the weekly time frame.
- A support zone ranging from 142.89 to 143.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 167.38 to 169.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 175.86 to 176.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 183.20 to 183.69. This zone is formed by a combination of multiple trend lines 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 | 56.95 | 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) | DOWN | MIXED | The current price of PNRG is above a declining 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) | 48.74 | NEUTRAL | The RSI value for PNRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.05 | NEGATIVE | The MACD value suggests PNRG has a negative trend. |
| Stochastics (14,3) | 32.68 | NEUTRAL | The Stochastics value for PNRG is a neutral value. |
| Average True Range in percent/ATR (20) | 5.34 | HIGH VOLATILITY | The high ATR as a percentage value for PNRG suggests high volalility. |
| Average Directional Index/ADX (14) | 14.35 | NEGATIVE | The low ADX value for PNRG suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:PNRG (10/3/2025, 8:00:01 PM)
163.52
+4.17 (+2.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.62%
1 Week-5.17%
2 Weeks-1.21%
1 Month7.16%
3 Month4.23%
6 Month-12.7%
12 Month8.15%
2 Year52.94%
3 Year118.03%
5 Year217.52%
10 Year145.9%
15 Year738.99%
Volatility
ATR(14)8.78
ATR(20)%5.34%
ATR Inc36.84%
Range Today8.68
ADR(20)8.6
ADR(20)%5.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.95
Mansfield-1.94
10 Day High180.81
10 Day Low156.95
20 Day High180.81
20 Day Low143.96
52 Week High243.49
52 Week Low138.18
CS1 End154.75
CR1 Start167.38
Volume & EV
DER(3)2.46%
DER(5)2.04%
Volume123.00K
Volume Incr34.91%
Vol(5)94.22K
Vol(50)77.09K