Login or Join
 Learn then Earn

(PNRG) Primeenergy Resources complete technical analysis [charts+indicators] | Buy/Sell Primeenergy Resources | (PNRG) share price targets

Complete technical analysis of Primeenergy Resources (PNRG) by charts plus indicators, forecast predictions and share price targets for Primeenergy Resources (PNRG)

Primeenergy Resources trades in USA in Energy sector.

10 day averaged volume of Primeenergy Resources is 1236

Date Daily Closing Price Open High Low Volume
23 Thu May 2024 105.67 105.67 105.67 105.67 0.809 times
22 Wed May 2024 112.96 112.96 112.96 112.96 0.485 times
21 Tue May 2024 111.85 108.00 111.85 108.00 0.809 times
20 Mon May 2024 107.00 105.82 107.15 105.50 2.912 times
17 Fri May 2024 105.72 105.72 105.72 105.72 0.639 times

My analysis of stock is bullish for shortterm, and stock might move up till 107.9 or till 111.3. Use a stoploss of 105.13 and if this stock hits its stoploss, then it can fall down till 102.32

Share price targets for Primeenergy Resources (PNRG)

Target Type Value
Downside Target 92.40
Downside Target 96.00
Downside Target 98.55
Downside Target 102.10
Downside Target 104.28
Downside Target 105.50
Upside Target 105.80
Upside Target 105.87
Upside Target 106.75
Upside Target 107.22
Upside Target 112.96

Intraday share price targets for Primeenergy Resources (PNRG)

Target Type Value
Downside Intraday Target 103.13
Downside Intraday Target 100.58
Upside Intraday Target 110.59
Upside Intraday Target 115.5
Upside Intraday Target 108.04

Weekly technical analysis of Primeenergy Resources (PNRG)

Date Weekly Closing Price Open High Low Volume
23 Thu May 2024 105.67 105.82 112.96 105.50 1.04 times
17 Fri May 2024 105.72 104.57 106.75 102.10 0.863 times
10 Fri May 2024 104.04 104.90 105.80 100.07 0.758 times
03 Fri May 2024 103.45 101.85 105.87 99.07 0.371 times
26 Fri Apr 2024 101.97 100.00 102.47 98.55 1.219 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Primeenergy Resources (PNRG)

Date Monthly Closing Price Open High Low Volume
23 Thu May 2024 105.67 99.07 112.96 99.07 0.377 times
30 Tue Apr 2024 102.46 100.50 104.28 98.55 1.987 times
28 Thu Mar 2024 100.25 99.75 103.76 96.02 1.576 times
29 Thu Feb 2024 98.85 96.20 99.48 92.40 0.453 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Primeenergy Resources (PNRG)

Indicator Name Indicator Value Indicator Signal
ADX 35, 42, 9 Sell
MACD 4, 3Buy
Stochastics 78Buy
CCI -27Sell
RSI 48Sell
OBV 4275Sell
VWAP 107Sell
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Primeenergy Resources ( (PNRG) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Primeenergy Resources ( (PNRG) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Primeenergy Resources ( (PNRG) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Primeenergy Resources ( (PNRG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Primeenergy Resources stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Primeenergy Resources in short term and the buy signal is strong.

Primeenergy Resources Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Primeenergy Resources in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Primeenergy Resources is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 106.55 and Primeenergy Resources (PNRG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Primeenergy Resources (PNRG) stock. Volume based technical analysis of Primeenergy Resources (PNRG) stock is negative.

Primeenergy Resources Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

 Learn then Earn
Back to top | Use Dark Theme