PAREX RESOURCES INC (PXT.CA) Stock Technical Analysis
Canada - TSX:PXT - CA69946Q1046 - Common Stock
Taking everything into account, PXT scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PXT is only an average performer.
PXT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 18.60, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PXT in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
17.33
When analyzing the support we can see 2 important areas.
- A support zone ranging from 18.39 to 18.60. 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 17.51 to 17.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- Resistance @18.91 from a trend line in the weekly time frame.
- A resistance zone ranging from 19.43 to 19.47. 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 | 69.19 | NEUTRAL | PXT.CA is not amongst the best or worst performers 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) | 53.66 | NEUTRAL | The RSI value for PXT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests PXT.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.66 | NEUTRAL | The Stochastics value for PXT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for PXT.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 10.79 | NEGATIVE | The low ADX value for PXT.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 18.92 | 18.38 | 0.54 (2.85%) | 25.00% |
| An entry @18.92. This is a Buy Stop order right above the resistance zone. | An exit @18.38. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.54 points, which is 2.85%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.71%. |
- The distance between exit and entry is rather small compared to the average daily movement of PXT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:PXT (11/20/2025, 7:00:00 PM)
18.68
-0.49 (-2.56%)
PAREX RESOURCES INC / PXT.CA FAQ
Can you provide the ChartMill technical rating for PAREX RESOURCES INC?
ChartMill assigns a technical rating of 7 / 10 to PXT.CA.
What is the trend direction for PXT stock?
The current trend direction for PAREX RESOURCES INC (PXT.CA) is Bullish.
What is the RSI signal for PXT stock?
PAREX RESOURCES INC (PXT.CA) has an RSI value of 53.6597. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for PAREX RESOURCES INC?
The buy/sell signal for PAREX RESOURCES INC (PXT.CA) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for PAREX RESOURCES INC (PXT.CA) stock?
PAREX RESOURCES INC (PXT.CA) has a support level at 18.6 and a resistance level at 18.91. Check the full technical report for our detailed analysis of PXT.CA support and resistance levels.