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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.

10 day averaged volume of Primeenergy Resources is 1840

Date Daily Closing Price Open High Low Volume
12 Mon Apr 2021 47.01 47.01 47.01 47.01 0.326 times
09 Fri Apr 2021 47.85 47.85 47.85 47.85 0.326 times
08 Thu Apr 2021 46.30 46.25 46.30 46.25 0.435 times
07 Wed Apr 2021 46.70 46.46 49.55 46.46 0.924 times
06 Tue Apr 2021 49.77 50.53 51.02 49.77 2.989 times
05 Mon Apr 2021 53.72 53.72 53.72 53.72 0.489 times
01 Thu Apr 2021 51.18 52.35 52.35 51.18 0.38 times
31 Wed Mar 2021 52.39 50.20 52.39 49.80 1.25 times
30 Tue Mar 2021 54.82 51.99 56.22 51.99 1.359 times
29 Mon Mar 2021 52.39 52.39 52.39 52.39 0.489 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 49.3, but if it comes above 49.3, then a intra day buy could be more profitable.
If you take a sell trade below 49.3, then use 49.3 as stoploss and 45.2 as target. However if you take a buy trade in stock , then use 49.3 as stoploss and 52.78 as target.

Share price targets for Primeenergy Resources (PNRG)

Target Type Value
Downside Target 34.33
Downside Target 35.06
Downside Target 42.39
Downside Target 46.25
Upside Target 49.80
Upside Target 51.78
Upside Target 53.00
Upside Target 56.22
Upside Target 57.37
Upside Target 59.90
Upside Target 63.00
Upside Target 98.00

Intraday share price targets for Primeenergy Resources (PNRG)

Target Type Value
Downside Intraday Target 47.01
Downside Intraday Target 47.01
Downside Intraday Target 47.01
Downside Intraday Target 47.01
Downside Intraday Target 47.01

Weekly technical analysis of Primeenergy Resources (PNRG)

Date Weekly Closing Price Open High Low Volume
12 Mon Apr 2021 47.01 47.01 47.01 47.01 0.063 times
09 Fri Apr 2021 47.85 53.72 53.72 46.25 1.484 times
01 Thu Apr 2021 51.18 52.39 56.22 49.80 0.653 times
26 Fri Mar 2021 53.84 55.20 57.37 51.78 0.667 times
19 Fri Mar 2021 57.00 53.59 59.90 53.00 0.84 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
12 Mon Apr 2021 47.01 52.35 53.72 46.25 0.172 times
31 Wed Mar 2021 52.39 47.43 59.90 46.43 0.255 times
26 Fri Feb 2021 46.80 37.98 98.00 35.06 2.895 times
29 Fri Jan 2021 35.78 45.39 47.44 34.33 2.255 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)

Indicator Name Indicator Value Indicator Signal
ADX 28, 36, 13 Sell
MACD -1, 0Sell
Stochastics 8Sell
CCI -87Sell
RSI 56Buy
OBV -13300Sell
VWAP 51Sell
ADL 0Sell
ROC -13Sell
Force Index 0Sell

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 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 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 Weak and stock is gaining momentum.

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

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 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 BUY signal in short term and the buying is gaining 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 50.66 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.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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