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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 2024-04-16 View latest technical analysis

10 day averaged volume of Primeenergy Resources is 1250

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	99.42	100.00	100.00	99.42	1.52 times
15 Mon Apr 2024	99.10	99.10	99.10	99.10	1.04 times
12 Fri Apr 2024	100.09	100.04	100.09	100.04	0.96 times
11 Thu Apr 2024	100.69	100.69	100.69	100.69	0.4 times
10 Wed Apr 2024	100.82	100.82	100.82	100.82	0.48 times
09 Tue Apr 2024	99.01	99.96	100.01	99.01	1.36 times
08 Mon Apr 2024	99.15	99.15	99.15	99.15	0.96 times
05 Fri Apr 2024	100.05	100.25	100.25	99.66	2 times
04 Thu Apr 2024	100.01	100.01	100.01	100.01	0.64 times
03 Wed Apr 2024	100.36	100.29	100.50	100.29	1.12 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 99.4 as stoploss in an intra day buy trade for a target of 100.14. However, stock will show a bearish move below 99.4.

Share price targets for Primeenergy Resources (PNRG)

Target Type	Value
Downside Target	92.40
Downside Target	96.00
Downside Target	98.62
Upside Target	100.25
Upside Target	100.71
Upside Target	100.82
Upside Target	101.58
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	99.01
Downside Intraday Target	98.61
Upside Intraday Target	99.91
Upside Intraday Target	100.41
Upside Intraday Target	99.51

Weekly technical analysis of Primeenergy Resources (PNRG)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	99.42	99.10	100.00	99.10	0.615 times
12 Fri Apr 2024	100.09	99.15	100.82	99.01	0.703 times
05 Fri Apr 2024	100.05	100.50	100.71	99.66	2.741 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

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
16 Tue Apr 2024	99.42	100.50	100.82	99.01	0.506 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 Weak and stock is losing momentum.

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

Primeenergy Resources Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Primeenergy Resources in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 99.74 and Primeenergy Resources (PNRG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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.