PRIMEENERGY RESOURCES CORP (PNRG) Stock Technical Analysis
NASDAQ:PNRG - Nasdaq - US74158E1047 - Common Stock - Currency: USD
Overall PNRG gets a technical rating of 1 out of 10. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
PNRG is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
When comparing the performance of all stocks over the past year, PNRG turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
PNRG is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 64% of 213 stocks in the same industry.
PNRG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PNRG is lagging the market slightly.
PNRG has a poor technical rating and the quality of the setup is also not perfect 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
141.46
234.84
We found 1 important support area.
- 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 182.78 to 184.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 223.60 to 227.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @232.51 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 | 58.19 | NEUTRAL | PNRG is not amongst the best or worst performers 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) | UP | MIXED | The current price of PNRG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.71 | NEUTRAL | The RSI value for PNRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.81 | NEGATIVE | The MACD value suggests PNRG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.14 | OVERSOLD | The low Stochastics value suggests PNRG may be oversold. |
| Average True Range in percent/ATR (20) | 6.76 | HIGH VOLATILITY | The high ATR as a percentage value for PNRG suggests high volalility. |
| Average Directional Index/ADX (14) | 25.94 | POSITIVE | The high ADX value value for PNRG suggests a strong 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 (6/18/2025, 8:19:41 PM)
147.68
-2.11 (-1.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.41%
1 Week-2.1%
2 Weeks-12.42%
1 Month-21.45%
3 Month-31.67%
6 Month-14.36%
12 Month40.41%
2 Year60.47%
3 Year88.37%
5 Year107.74%
10 Year163.71%
15 Year648.13%
Volatility
ATR(14)10.94
ATR(20)%6.76%
ATR Inc-44.66%
Range Today5.22
ADR(20)9.99
ADR(20)%6.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.19
Mansfield-1.62
10 Day High169.68
10 Day Low138.18
20 Day High201
20 Day Low138.18
52 Week High243.49
52 Week Low104.62
CS1 End143.99
CR1 Start182.78
Volume & EV
DER(3)-3.97%
DER(5)-3.97%
Volume109.60K
Volume Incr-29.11%
Vol(5)82.86K
Vol(50)63.10K