REPORTING FOR 2019-11-14 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how PNRG has been trading over the last 2 weeks and the past day especially. On its latest session, PrimeEnergy Resources Corporation ($PNRG) opened at 168.49, reaching a high of 168.49 and a low of 152.6 before closing at a price of 152.6. There was a total volume of 11598.0.
VOLUME INDICATORS FOR PRIMEENERGY RESOURCES CORPORATION ($PNRG): We saw an accumulation-distribution index of 528.13489, an on-balance volume of 167.54, chaikin money flow of 1.13418 and a force index of 40.0568. There was an ease of movement rating of -0.01775, a volume-price trend of 34.18347 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR PRIMEENERGY RESOURCES CORPORATION ($PNRG): We noted an average true range of 1.54702, bolinger bands of 178.55674, an upper bollinger band of 140.20326, lower bollinger band of 152.6, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 163.19333, high band keltner channel of 163.19333, low band keltner channel of 163.19333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 152.6, a donchian channel low band of 152.6, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR PRIMEENERGY RESOURCES CORPORATION ($PNRG): We calculated a Moving Average Convergence Divergence (MACD) of 0.30423, a MACD signal of 0.16902, a MACD difference of 0.13521, a fast Exponential Moving Average (EMA) indicator of 152.6, a slow Exponential Moving Average (EMA) indicator of 152.6, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.31096, a trix of 16.39192, a Mass Index (MI) of 1.8, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -27.79605, a KST Oscillator (KST) of 222.71772 and a KST Oscillator (KST Signal) of 222.71772 (leaving a KST difference of 27.1626). We also found an Ichimoku rating of 168.49, an Ichimoku B rating of 168.49, a Ichimoku visual trend A of 129.39037, an Ichimoku visual trend B of 137.08644, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
MOMENTUM INDICATORS FOR PRIMEENERGY RESOURCES CORPORATION ($PNRG): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 63.62683, a stochastic oscillator of 50.0, a stochastic oscillator signal of 50.0, a Williams %R rating of -50.0 and an awesome oscillator of -1.21217.
RETURNS FOR PRIMEENERGY RESOURCES CORPORATION ($PNRG): There was a daily return of 22.27177, a daily log return of 8.51311 and a cumulative return of 8.88598.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-14 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for PrimeEnergy Resources Corporation ($PNRG)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling PrimeEnergy Resources Corporation ($PNRG) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.