PARAMOUNT RESOURCES LTD -A (POU.CA) Technical Analysis
TSX:POU • CA6993202069
We assign a technical rating of 10 out of 10 to POU. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, POU is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, POU did better than 78% of all other stocks. On top of that, POU also shows a nice and consistent pattern of rising prices.
- POU is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 73% of 212 stocks in the same industry.
- POU is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so POU is leading the market.
- In the last month POU has a been trading in the 24.61 - 30.29 range, which is quite wide. It is currently trading near the high of this range.
Although POU has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
21.62
We found 5 important support areas.
- A support zone ranging from 27.05 to 27.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 25.56 to 25.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @24.29 from a trend line in the weekly time frame.
- Support @22.81 from a trend line in the daily time frame.
- A support zone ranging from 21.84 to 21.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 29.88 to 29.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @31.11 from a trend line in the weekly time frame.
- Resistance @32.79 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 | UP | POSITIVE | The short term trend for POU.CA is up. |
| ChartMill Relative Strength | 78.9 | POSITIVE | POU.CA has a high relative strength, it outperformed 78.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of POU.CA is above the rising 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) | UP | POSITIVE | The current price of POU.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.86 | OVERBOUGHT | The high RSI value suggests POU.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests POU.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.99 | OVERBOUGHT | The high Stochastics value suggests POU.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for POU.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 28.48 | POSITIVE | The high ADX value value for POU.CA suggests a strong trend. |
POU.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:POU (3/12/2026, 7:00:00 PM)
29.87
+0.29 (+0.98%)
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 10 / 10 to POU.CA.
What is the trend direction for POU 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 74.8626. This indicates that the stock is currently overbought.
What is the MACD signal for PARAMOUNT RESOURCES LTD -A (POU.CA) stock?
The MACD indicator for PARAMOUNT RESOURCES LTD -A (POU.CA) has a value of 0.19874, indicating a bearish trend.
Can you provide the buy/sell signal for PARAMOUNT RESOURCES LTD -A?
The buy/sell signal for PARAMOUNT RESOURCES LTD -A (POU.CA) is buy as both the short term and long term trends are positive.