PRIMEENERGY RESOURCES CORP (PNRG) Stock Technical Analysis
NASDAQ:PNRG - Nasdaq - US74158E1047 - Common Stock - Currency: USD
Overall PNRG gets a technical rating of 4 out of 10. Although PNRG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
PNRG is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry. PNRG outperforms 87% of them.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, PNRG did better than 85% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
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.
In the last month PNRG has a been trading in the 152.63 - 184.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, PNRG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 179.20. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for PNRG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
142.56
229.27
3 important support areas can be observed.
- Support @157.71 from a horizontal line in the daily time frame.
- Support @151.31 from a trend line in the weekly time frame.
- Support @144.00 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 179.20 to 182.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @193.10 from a horizontal line in the weekly time frame.
- Resistance @227.00 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 | 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 | 85.3 | POSITIVE | PNRG has a high relative strength, it outperformed 85.3% 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 | MIXED | The current price of PNRG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.2 | NEUTRAL | The RSI value for PNRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests PNRG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for PNRG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.9 | MEDIUM VOLATILITY | The ATR as a percentage value for PNRG suggests some volalility. |
| Average Directional Index/ADX (14) | 14.46 | 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 (8/6/2025, 1:47:05 PM)
166.64
-1.54 (-0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.91%
1 Week-7.6%
2 Weeks3.67%
1 Month1.63%
3 Month-0.89%
6 Month-14.68%
12 Month56.66%
2 Year73.38%
3 Year78.99%
5 Year136.87%
10 Year205.77%
15 Year805.63%
Volatility
ATR(14)8.91
ATR(20)%4.9%
ATR Inc-13.9%
Range Today6.13
ADR(20)7.94
ADR(20)%4.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.3
Mansfield-1.16
10 Day High184.42
10 Day Low157.47
20 Day High184.42
20 Day Low152.63
52 Week High243.49
52 Week Low105.03
CS1 End157.71
CR1 Start179.2
Volume & EV
DER(3)3.09%
DER(5)2.74%
Volume132.37K
Volume Incr-25.04%
Vol(5)66.08K
Vol(50)112.73K