PAREX RESOURCES INC (PXT.CA) Stock Technical Analysis
Canada - TSX:PXT - CA69946Q1046 - Common Stock
17.77 CAD
-0.22 (-1.22%)
Taking everything into account, PXT scores 7 out of 10 in our technical rating. In the last year, PXT was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month PXT has a been trading in the 17.67 - 19.81 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that PXT is one of the better performing stocks in the market, outperforming 72% of all stocks.
PXT is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry. PXT outperforms 83% of them.
PXT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PXT is lagging the market slightly.
PXT has an excellent technical rating, but the quality of the setup is only medium 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
17.39
19.66
We found 1 important support area.
- A support zone ranging from 17.57 to 17.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.23 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 | NEUTRAL | NEUTRAL | The short term trend for PXT.CA is neutral. |
| ChartMill Relative Strength | 72.19 | POSITIVE | PXT.CA has a high relative strength, it outperformed 72.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PXT.CA is below a declining 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) | 44.85 | NEUTRAL | The RSI value for PXT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests PXT.CA has a negative trend. |
| Stochastics (14,3) | 9.41 | OVERSOLD | The low Stochastics value suggests PXT.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for PXT.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.58 | NEGATIVE | The low ADX value for PXT.CA suggests a weak or negative 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)
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 |
|---|---|---|---|
| 18.29 | 17.66 | 0.63 (3.45%) | 25.00% |
| An entry @18.29. This is a Buy Stop order right above the 10 day moving average. | An exit @17.66. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.63 points, which is 3.45%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.86%. |
- 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 (10/16/2025, 7:00:00 PM)
17.77
-0.22 (-1.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.22%
1 Week-4.77%
2 Weeks-2.95%
1 Month-4.92%
3 Month20.97%
6 Month52.53%
12 Month36.59%
2 Year-33.15%
3 Year-14.49%
5 Year37.01%
10 Year80.96%
15 Year173.39%
Volatility
ATR(14)0.49
ATR(20)%2.84%
ATR Inc-13.67%
Range Today0.4
ADR(20)0.47
ADR(20)%2.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.19
Mansfield1.24
10 Day High19.09
10 Day Low17.67
20 Day High19.81
20 Day Low17.67
52 Week High19.81
52 Week Low10.3
CS1 End17.76
CR1 Start19.23
Volume & EV
DER(3)-7.09%
DER(5)-5.9%
Volume367.56K
Volume Incr-14.48%
Vol(5)605.29K
Vol(50)662.20K