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PrimeEnergy Resources Corporation

PrimeEnergy Resources Corporation (PNRG) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for PrimeEnergy Resources Corporation.

PNRG●NASDAQ
EnergyOil & Gas Exploration & Production
$183.60
$0.95(0.51%)
U.S. Market opens in 57h 37m
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Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

PNRG Technical Analysis Summary

PrimeEnergy Resources Corporation stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 36.79)
Trend Strength:Moderate (ADX: 24.28)
Volatility:High (ATR: 15.27)
Support/Resistance:$155.31 – $298.25 (Bollinger Bands)

Technical conditions suggest PrimeEnergy Resources Corporation is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 36.79

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 22.88

Bearish
Momentum remains weak below midpoint.

Williams %R: -76.86

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -31.08

Strongly Bearish
Sharp downside momentum.

Takeaway:PrimeEnergy Resources Corporation shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -13.56

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 24.28

Moderate
Moderate trend, direction gaining strength.

ATR (14): 15.27

Rising
Rising volatility, market activity increasing.

CCI (14): -61.73

Bearish
Bearish, momentum remains under pressure.

Takeaway:PrimeEnergy Resources Corporation shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$298.25
Middle Band (SMA 20)
$226.78
Lower Band
$155.31
Current Position
Within Bands

Takeaway:PrimeEnergy Resources Corporation trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$242.49
Middle Line (EMA 20)
$211.96
Lower Channel
$181.42
Squeeze Status
No Squeeze

Takeaway:PrimeEnergy Resources Corporation trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-109.87K
Money Flow Index24.22Bearish, selling pressure outweighs inflows.
Relative Vigor Index77.57Bullish, price momentum strongly favors buyers.

Overall Takeaway:PNRG shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of PrimeEnergy Resources Corporation, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:PrimeEnergy Resources Corporation shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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