PAREX RESOURCES INC (PXT.CA) Stock Technical Analysis
TSX:PXT - Toronto Stock Exchange - CA69946Q1046 - Common Stock - Currency: CAD
Taking everything into account, PXT scores 3 out of 10 in our technical rating. In the past year, PXT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, PXT is a bad performer in the overall market: 87% of all stocks are doing better.
PXT is part of the Oil, Gas & Consumable Fuels industry. There are 207 other stocks in this industry, of which 70% are performing better than PXT.
PXT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PXT is lagging the market.
In the last month PXT has a been trading in the 10.45 - 12.86 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of PXT is bad and it also does not present a quality setup 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
10.47
15.39
We found 1 important support area.
- Support @10.58 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 12.80 to 12.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.51 from a trend line in the daily time frame.
- Resistance @15.24 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.16
Mansfield-2.02
10 Day High12.86
10 Day Low10.45
20 Day High12.86
20 Day Low10.45
52 Week High23.34
52 Week Low10.3
Performance
1 Week6.76%
2 Weeks16.8%
1 Month9.79%
3 Month-9.03%
6 Month-14.39%
12 Month-44.92%
2 Year-53.2%
3 Year-54.34%
5 Year-17.38%
10 Year25.64%
15 Year197.44%
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)
Technical Indicators
MACD(12,26,9)0.26
RSI(14)61.39
LBB10.03
UBB13.26
TSX:PXT (5/16/2025, 7:00:00 PM)
12.79
+0.24 (+1.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.91%
1 Week6.76%
2 Weeks16.8%
1 Month9.79%
3 Month-9.03%
6 Month-14.39%
12 Month-44.92%
2 Year-53.2%
3 Year-54.34%
5 Year-17.38%
10 Year25.64%
15 Year197.44%
Volatility
ATR(14)0.45
ATR(20)%3.16%
ATR Inc8.52%
Range Today0.27
ADR(20)0.35
ADR(20)%2.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.16
Mansfield-2.02
10 Day High12.86
10 Day Low10.45
20 Day High12.86
20 Day Low10.45
52 Week High23.34
52 Week Low10.3
CS1 End10.58
CR1 Start12.8
Volume & EV
DER(3)0.91%
DER(5)1.42%
Volume466.80K
Volume Incr31.86%
Vol(5)591.31K
Vol(50)653.56K