For its latest trading sesion, PrimeEnergy Resources Corporation (PNRG) dropped by -2.3% – here is what that looked like (as of 2019-10-29):
Why are these moves happning?? To understand this better, We ought to analyze some technical indicators. As we see it, you should pay the most attention to the following:
A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.048, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.623, an Accumulation/Distribution Index (ADI) of 1.623, an On-Balance Volume (OBV) of 704.093, and a Chaiikin Money Flow (CMF) of -157.92. 2.643
So what do these technical indicators mean? Let’s see. Consulting Trading View, we can conclude the following:
So there you have it – our analysis of PrimeEnergy Resources Corporation (PNRG). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.
2335 Holt Street, SAINT CROIX IN 47576