PRIMEENERGY RESOURCES CORP (PNRG) Stock Technical Analysis
USA - NASDAQ:PNRG - US74158E1047 - Common Stock
Taking everything into account, PNRG scores 0 out of 10 in our technical rating. PNRG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of PNRG is bad and it also does not present a 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
132.06
We found 1 important support area.
- A support zone ranging from 133.39 to 133.41. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @135.25 from a horizontal line in the daily time frame.
- A resistance zone ranging from 153.21 to 153.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 157.62 to 160.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @183.20 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 | DOWN | NEGATIVE | The long term trend for PNRG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PNRG is down. |
| ChartMill Relative Strength | 10.26 | NEGATIVE | PNRG has a low relative strength, it was outperformed by 89.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PNRG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PNRG is below 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) | 35.83 | NEUTRAL | The RSI value for PNRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.84 | NEGATIVE | The MACD value suggests PNRG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.89 | OVERSOLD | The low Stochastics value suggests PNRG may be oversold. |
| Average True Range in percent/ATR (20) | 6.65 | HIGH VOLATILITY | The high ATR as a percentage value for PNRG suggests high volalility. |
| Average Directional Index/ADX (14) | 20.87 | NEUTRAL | The ADX value for PNRG suggests a possible start of a new trend. |
NASDAQ:PNRG (11/6/2025, 11:16:31 AM)
134.14
+0.74 (+0.55%)
PRIMEENERGY RESOURCES CORP / PNRG FAQ
What is the technical rating for PNRG stock?
ChartMill assigns a technical rating of 0 / 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 35.8329. 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 -1.83958, indicating a bearish trend.
What is the short term momentum for PNRG stock?
The short term momentum for PRIMEENERGY RESOURCES CORP (PNRG) is negative.