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(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.

Showing technical analysis as on 2024-04-04 View latest technical analysis

10 day averaged volume of Primeenergy Resources is 1310

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	100.01	100.01	100.01	100.01	0.611 times
03 Wed Apr 2024	100.36	100.29	100.50	100.29	1.069 times
02 Tue Apr 2024	100.71	100.71	100.71	100.71	0.992 times
01 Mon Apr 2024	100.40	100.50	100.50	100.40	1.069 times
28 Thu Mar 2024	100.25	100.23	100.25	100.00	1.145 times
27 Wed Mar 2024	99.98	99.98	99.98	99.98	0.382 times
26 Tue Mar 2024	98.62	99.72	99.72	98.62	0.534 times
22 Fri Mar 2024	100.45	100.45	100.45	100.45	0.229 times
21 Thu Mar 2024	100.50	100.50	100.50	99.26	1.908 times
20 Wed Mar 2024	101.58	101.58	101.58	101.58	1.145 times

My analysis of stock is bearish for shortterm, and stock might move down till 99.1 or till 97.3. Use a stoploss of 100.63 and if the stock hits stoploss, then it can shoot up till 102.14

Share price targets for Primeenergy Resources (PNRG)

Target Type	Value
Downside Target	92.40
Downside Target	96.00
Upside Target	100.25
Upside Target	100.71
Upside Target	101.58
Upside Target	103.50
Upside Target	103.76
Upside Target	107.22
Upside Target	109.96

Intraday share price targets for Primeenergy Resources (PNRG)

Target Type	Value
Downside Intraday Target	99.78
Downside Intraday Target	99.54
Upside Intraday Target	100.48
Upside Intraday Target	100.94
Upside Intraday Target	100.24

Weekly technical analysis of Primeenergy Resources (PNRG)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	100.01	100.50	100.71	100.01	1.815 times
28 Thu Mar 2024	100.25	99.72	100.25	98.62	0.429 times
22 Fri Mar 2024	100.45	101.00	101.58	99.26	0.516 times
15 Fri Mar 2024	101.49	102.71	103.76	97.15	1.506 times
08 Fri Mar 2024	103.01	100.20	103.50	96.02	2.7 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Primeenergy Resources (PNRG)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	100.01	100.50	100.71	100.01	0.157 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	0.424 times
31 Wed Jan 2024	96.20	107.22	107.22	96.00	1.319 times

Scroll below to view daily charts

Price has moved down 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)

Price action analysis of Primeenergy Resources ( (PNRG) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Primeenergy Resources ( (PNRG) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

MACD generated a SELL signal for Primeenergy Resources in short term but the sell signal is initial and weak.

Primeenergy Resources Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green 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 but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 100.43 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 has given negative 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.