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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 2024-08-05 View latest technical analysis

10 day averaged volume of Primeenergy Resources is 4005

Date Daily Closing Price Open High Low Volume
05 Mon Aug 2024 107.22 106.01 109.18 105.98 0.924 times
02 Fri Aug 2024 107.00 107.00 107.00 107.00 0.293 times
01 Thu Aug 2024 115.50 117.14 117.14 115.50 0.599 times
31 Wed Jul 2024 118.12 118.07 119.00 118.07 1.624 times
30 Tue Jul 2024 119.07 114.99 119.07 114.99 0.849 times
29 Mon Jul 2024 115.00 115.39 116.29 115.00 0.612 times
26 Fri Jul 2024 117.26 117.26 117.26 117.26 0.125 times
25 Thu Jul 2024 117.99 116.25 118.00 114.95 2.747 times
24 Wed Jul 2024 118.66 115.45 118.66 115.45 1.074 times
23 Tue Jul 2024 117.08 116.41 117.10 116.39 0.974 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 110.4, but if it comes above 110.4, then a intra day buy could be more profitable.
If you take a sell trade below 110.4, then use 110.4 as stoploss and 104.6 as target. However if you take a buy trade in stock , then use 110.4 as stoploss and 115.16 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 105.74
Downside Intraday Target 104.26
Upside Intraday Target 108.94
Upside Intraday Target 110.66
Upside Intraday Target 107.46

Weekly technical analysis of Primeenergy Resources (PNRG)

Date Weekly Closing Price Open High Low Volume
05 Mon Aug 2024 107.22 106.01 109.18 105.98 0.232 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
05 Mon Aug 2024 107.22 117.14 117.14 105.98 0.092 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 SELL signal in short term and selling is picking up 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 116.4 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 SELL signal in short term and selling is picking up 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 116.4 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

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