(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 2024-08-06 View latest technical analysis
10 day averaged volume of Primeenergy Resources is 3933
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 107.67 | 105.09 | 107.67 | 105.07 | 0.788 times |
| 05 Mon Aug 2024 | 107.22 | 106.01 | 109.18 | 105.98 | 0.941 times |
| 02 Fri Aug 2024 | 107.00 | 107.00 | 107.00 | 107.00 | 0.298 times |
| 01 Thu Aug 2024 | 115.50 | 117.14 | 117.14 | 115.50 | 0.61 times |
| 31 Wed Jul 2024 | 118.12 | 118.07 | 119.00 | 118.07 | 1.654 times |
| 30 Tue Jul 2024 | 119.07 | 114.99 | 119.07 | 114.99 | 0.864 times |
| 29 Mon Jul 2024 | 115.00 | 115.39 | 116.29 | 115.00 | 0.623 times |
| 26 Fri Jul 2024 | 117.26 | 117.26 | 117.26 | 117.26 | 0.127 times |
| 25 Thu Jul 2024 | 117.99 | 116.25 | 118.00 | 114.95 | 2.797 times |
| 24 Wed Jul 2024 | 118.66 | 115.45 | 118.66 | 115.45 | 1.093 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 110.8, but if it comes above 110.8, then a intra day buy could be more profitable.
If you take a sell trade below 110.8, then use 110.8 as stoploss and 105.4 as target. However if you take a buy trade in stock , then use 110.8 as stoploss and 115.31 as target.
Share price targets for Primeenergy Resources (PNRG)
| Target Type | Value |
| Downside Target | 98.55 |
| Downside Target | 104.28 |
| Upside Target | 109.18 |
| Upside Target | 114.01 |
| Upside Target | 114.95 |
| Upside Target | 117.14 |
| Upside Target | 117.50 |
| Upside Target | 118.66 |
| Upside Target | 119.07 |
| Upside Target | 120.75 |
| Upside Target | 120.93 |
Intraday share price targets for Primeenergy Resources (PNRG)
| Target Type | Value |
| Downside Intraday Target | 105.43 |
| Downside Intraday Target | 103.2 |
| Upside Intraday Target | 109.54 |
| Upside Intraday Target | 111.42 |
| Downside Intraday Target | 107.31 |
Weekly technical analysis of Primeenergy Resources (PNRG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 107.67 | 106.01 | 109.18 | 105.07 | 0.427 times |
| 02 Fri Aug 2024 | 107.00 | 115.39 | 119.07 | 107.00 | 0.66 times |
| 26 Fri Jul 2024 | 117.26 | 116.98 | 118.66 | 114.95 | 1.073 times |
| 19 Fri Jul 2024 | 116.40 | 116.00 | 120.75 | 114.01 | 2.044 times |
| 12 Fri Jul 2024 | 117.50 | 105.25 | 117.50 | 104.62 | 2.292 times |
Price has moved up 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 |
| 06 Tue Aug 2024 | 107.67 | 117.14 | 117.14 | 105.07 | 0.131 times |
| 31 Wed Jul 2024 | 118.12 | 108.00 | 120.75 | 104.62 | 1.407 times |
| 28 Fri Jun 2024 | 106.35 | 108.00 | 114.10 | 100.22 | 1.776 times |
| 31 Fri May 2024 | 114.00 | 99.07 | 120.93 | 99.07 | 0.512 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 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 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 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
Although the stock is in the BUY zone, but buying 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 115.63 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Primeenergy Resources ( (PNRG) ) based on a short 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 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 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
Although the stock is in the BUY zone, but buying 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 115.63 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.