PRIMEENERGY RESOURCES CORP (PNRG) Stock Technical Analysis
NASDAQ:PNRG • US74158E1047
Taking everything into account, PNRG scores 5 out of 10 in our technical rating. Although PNRG is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, PNRG is a bad performer in the overall market: 72% of all stocks are doing better.
- PNRG is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 75% of 206 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month PNRG has a been trading in the 167.25 - 202.82 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- PNRG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PNRG is lagging the market.
Although the technical rating is only medium, PNRG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 190.96. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 171.90, a Stop Loss order could be placed below this zone.
More info and screens
141.10
3 important support areas can be observed.
- A support zone ranging from 170.11 to 171.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 165.26 to 166.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @142.53 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 190.96 to 193.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 196.87 to 197.21. 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 | 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 | 28.47 | NEGATIVE | PNRG has a low relative strength, it was outperformed by 71.53% 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) | DOWN | MIXED | The current price of PNRG is above a declining 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) | 52.47 | NEUTRAL | The RSI value for PNRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests PNRG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.6 | NEUTRAL | The Stochastics value for PNRG is a neutral value. |
| Average True Range in percent/ATR (20) | 5.36 | HIGH VOLATILITY | The high ATR as a percentage value for PNRG suggests high volalility. |
| Average Directional Index/ADX (14) | 13.63 | NEGATIVE | The low ADX value for PNRG suggests a weak or negative trend. |
NASDAQ:PNRG (2/24/2026, 8:00:01 PM)
183.72
-0.26 (-0.14%)
PRIMEENERGY RESOURCES CORP / PNRG FAQ
What is the technical rating for PNRG stock?
ChartMill assigns a technical rating of 5 / 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 52.4682. 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 -0.355789, indicating a bearish trend.
What is the short term momentum for PRIMEENERGY RESOURCES CORP (PNRG) stock?
The short term momentum for PRIMEENERGY RESOURCES CORP (PNRG) is positive.