PARAMOUNT RESOURCES LTD -A (POU.CA) Stock Technical Analysis
Canada - TSX:POU - CA6993202069 - Common Stock
We assign a technical rating of 5 out of 10 to POU. In the last year, POU was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
Although the technical rating is only medium, POU does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 22.87, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
18.86
When analyzing the support we can see 3 important areas.
- A support zone ranging from 21.88 to 22.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.98 from a horizontal line in the weekly time frame.
- Support @19.05 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 22.99 to 23.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.80 from a horizontal line in the daily time frame.
- Resistance @31.69 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for POU.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for POU.CA is neutral. |
| ChartMill Relative Strength | 21.6 | NEGATIVE | POU.CA has a low relative strength, it was outperformed by 78.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of POU.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of POU.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of POU.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.61 | NEUTRAL | The RSI value for POU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests POU.CA has a negative trend. |
| Stochastics (14,3) | 69.75 | NEUTRAL | The Stochastics value for POU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for POU.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.44 | NEUTRAL | The ADX value for POU.CA suggests a possible start of a new trend. |
TSX:POU (11/7/2025, 7:00:00 PM)
22.92
+0.11 (+0.48%)
PARAMOUNT RESOURCES LTD -A / POU.CA FAQ
What is the ChartMill technical rating of PARAMOUNT RESOURCES LTD -A (POU.CA) stock?
ChartMill assigns a technical rating of 5 / 10 to POU.CA.
What is the current trend direction of PARAMOUNT RESOURCES LTD -A (POU.CA) stock?
The current trend direction for PARAMOUNT RESOURCES LTD -A (POU.CA) is Bullish.
What is the RSI signal for PARAMOUNT RESOURCES LTD -A (POU.CA) stock?
PARAMOUNT RESOURCES LTD -A (POU.CA) has an RSI value of 55.6103. This indicates that the stock is currently neutral.
What is the short term momentum for PARAMOUNT RESOURCES LTD -A (POU.CA) stock?
The short term momentum for PARAMOUNT RESOURCES LTD -A (POU.CA) is neutral.