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PAREX RESOURCES INC (PXT.CA) Stock Technical Analysis

TSX:PXT - CA69946Q1046 - Common Stock

17.3 CAD
+0.19 (+1.11%)
Last: 8/29/2025, 7:00:00 PM
Technical Rating and Analysis

8

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.
Weekly and Daily overview Charts
PAREX RESOURCES INC / PXT Weekly stock chart
PAREX RESOURCES INC / PXT Daily stock chart
Setup Rating and Analysis

5

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.

Support and Resistance Analysis

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.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for PXT.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for PXT.CA is up.
ChartMill Relative Strength77.05POSITIVEPXT.CA has a high relative strength, it outperformed 77.05% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of PXT.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of PXT.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of PXT.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)66.27NEUTRALThe RSI value for PXT.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.06POSITIVEThe MACD value suggests PXT.CA has a positive trend, although the MACD value is declining.
Stochastics (14,3)86.04OVERBOUGHTThe high Stochastics value suggests PXT.CA may be overbought.
Average True Range in percent/ATR (20)2.68MEDIUM VOLATILITYThe ATR as a percentage value for PXT.CA suggests some volalility.
Average Directional Index/ADX (14)31.98POSITIVEThe high ADX value value for PXT.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
PAREX RESOURCES INC / PXT Daily stock chart

PAREX RESOURCES INC

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