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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 2024-05-16 View latest technical analysis

10 day averaged volume of Primeenergy Resources is 1233

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu May 2024	103.70	105.00	105.49	102.98	1.006 times
15 Wed May 2024	106.71	106.75	106.75	106.71	0.914 times
14 Tue May 2024	106.61	102.10	106.61	102.10	0.811 times
13 Mon May 2024	103.50	104.57	104.57	103.50	1.46 times
10 Fri May 2024	104.04	104.04	104.04	104.04	0.162 times
09 Thu May 2024	103.98	103.98	103.98	103.98	0.324 times
08 Wed May 2024	103.91	105.80	105.80	103.91	0.487 times
07 Tue May 2024	102.53	100.07	102.53	100.07	0.568 times
06 Mon May 2024	102.98	104.90	104.90	102.69	4.055 times
03 Fri May 2024	103.45	103.45	103.45	103.45	0.243 times

My analysis of stock is bullish for shortterm, and stock might move up till 105.1 or till 107.5. Use a stoploss of 103.09 and if this stock hits its stoploss, then it can fall down till 101.07

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
Upside Target	103.76
Upside Target	103.91
Upside Target	104.28
Upside Target	105.80
Upside Target	105.87
Upside Target	106.75
Upside Target	107.22

Intraday share price targets for Primeenergy Resources (PNRG)

Target Type	Value
Downside Intraday Target	101.62
Downside Intraday Target	99.53
Upside Intraday Target	106.27
Upside Intraday Target	108.83
Upside Intraday Target	104.18

Weekly technical analysis of Primeenergy Resources (PNRG)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu May 2024	103.70	104.57	106.75	102.10	0.749 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
19 Fri Apr 2024	101.04	99.10	103.91	99.03	3.865 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 Thu May 2024	103.70	99.07	106.75	99.07	0.264 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	0.424 times

Scroll below to view daily charts

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)

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 green color and prices are above 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 BUY signal in short term but buying is losing 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 103.84 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.