PAREX RESOURCES INC (PXT.CA) Stock Technical Analysis
TSX:PXT - CA69946Q1046 - Common Stock
17.3 CAD
+0.19 (+1.11%)
We assign a technical rating of 8 out of 10 to PXT. Although PXT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
PXT is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 82% of 213 stocks in the same industry.
PXT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
PXT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Looking at the yearly performance, PXT did better than 77% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Although PXT 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
15.61
17.60
We found 2 important support areas.
- A support zone ranging from 16.44 to 16.79. 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 15.77 to 15.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.31 to 17.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 PXT.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PXT.CA is up. |
| ChartMill Relative Strength | 77.05 | POSITIVE | PXT.CA has a high relative strength, it outperformed 77.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PXT.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PXT.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PXT.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.27 | NEUTRAL | The RSI value for PXT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests PXT.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.04 | OVERBOUGHT | The high Stochastics value suggests PXT.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for PXT.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 31.98 | POSITIVE | The high ADX value value for PXT.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:PXT (8/29/2025, 7:00:00 PM)
17.3
+0.19 (+1.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.11%
1 Week1.17%
2 Weeks9.7%
1 Month5.23%
3 Month27.58%
6 Month22.61%
12 Month27.86%
2 Year-32.34%
3 Year-17.66%
5 Year-3.08%
10 Year90.74%
15 Year211.71%
Volatility
ATR(14)0.4
ATR(20)%2.68%
ATR Inc-15%
Range Today0.29
ADR(20)0.44
ADR(20)%2.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.05
Mansfield1.43
10 Day High17.5
10 Day Low15.59
20 Day High17.5
20 Day Low15.3
52 Week High17.5
52 Week Low10.3
CS1 End16.79
CR1 Start17.31
Volume & EV
DER(3)0.35%
DER(5)1.29%
Volume285.03K
Volume Incr5%
Vol(5)670.18K
Vol(50)604.47K