PRIMEENERGY RESOURCES CORP (PNRG) Technical Analysis
NASDAQ:PNRG • US74158E1047
Current stock price
PNRG Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to PNRG. In the last year, PNRG was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- PNRG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PNRG is lagging the market slightly.
- Looking at the yearly performance, PNRG did better than 78% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- PNRG is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, PNRG did better than 51% of them.
- In the last month PNRG has a been trading in the 178.64 - 249.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PNRG Weekly and Daily overview Charts
PNRG Setup Rating and Analysis
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
PNRG Support and Resistance Analysis
144.73
We found 5 important support areas.
- A support zone ranging from 206.18 to 210.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @200.29 from a horizontal line in the weekly time frame.
- A support zone ranging from 190.44 to 192.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @166.21 from a horizontal line in the daily time frame.
- Support @146.19 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 240.43 to 244.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for PNRG is neutral. |
| ChartMill Relative Strength | 78.81 | POSITIVE | PNRG has a high relative strength, it outperformed 78.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PNRG is above a declining 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) | 50.68 | NEUTRAL | The RSI value for PNRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.56 | NEGATIVE | The MACD value suggests PNRG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.12 | NEUTRAL | The Stochastics value for PNRG is a neutral value. |
| Average True Range in percent/ATR (20) | 7.05 | HIGH VOLATILITY | The high ATR as a percentage value for PNRG suggests high volalility. |
| Average Directional Index/ADX (14) | 20.52 | NEUTRAL | The ADX value for PNRG suggests a possible start of a new trend. |
PNRG Chart- and CandleStick Pattern Analysis
PNRG Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:PNRG (4/22/2026, 1:16:27 PM)
222.1
+7.3 (+3.4%)
PRIMEENERGY RESOURCES CORP / PNRG TA 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.
Can you provide the RSI signal for PRIMEENERGY RESOURCES CORP?
PRIMEENERGY RESOURCES CORP (PNRG) has an RSI value of 50.6829. This indicates that the stock is currently neutral.
What is the MACD signal for PRIMEENERGY RESOURCES CORP (PNRG) stock?
The MACD indicator for PRIMEENERGY RESOURCES CORP (PNRG) has a value of -3.56473, indicating a bearish trend.
What are the support and resistance levels for PRIMEENERGY RESOURCES CORP (PNRG) stock?
PRIMEENERGY RESOURCES CORP (PNRG) has a support level at 210.23 and a resistance level at 240.43. Check the full technical report for our detailed analysis of PNRG support and resistance levels.