PAREX RESOURCES INC (PXT.CA) Technical Analysis
TSX:PXT • CA69946Q1046
Current stock price
PXT.CA Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to PXT. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- 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!
- Looking at the yearly performance, PXT did better than 88% of all other stocks. We also observe that the gains produced by PXT over the past year are nicely spread over this period.
- PXT is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 81% of 206 stocks in the same industry.
- 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 average volume of 1037440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month PXT has a been trading in the 23.75 - 28.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PXT.CA Weekly and Daily overview Charts
PXT.CA Setup Rating and Analysis
PXT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 27.30. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.66, 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.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
PXT.CA Support and Resistance Analysis
17.33
When analyzing the support we can see 4 important areas.
- A support zone ranging from 24.23 to 24.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.43 from a trend line in the weekly time frame.
- Support @19.31 from a trend line in the daily time frame.
- Support @17.51 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 27.30 to 27.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
PXT.CA 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.
| 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 | 88.86 | POSITIVE | PXT.CA has a high relative strength, it outperformed 88.86% 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) | 52.4 | NEUTRAL | The RSI value for PXT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests PXT.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.63 | NEUTRAL | The Stochastics value for PXT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.59 | MEDIUM VOLATILITY | The ATR as a percentage value for PXT.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.08 | POSITIVE | The high ADX value value for PXT.CA suggests a strong trend. |
PXT.CA Chart- and CandleStick Pattern Analysis
PXT.CA Example Setup
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 |
|---|---|---|---|
| 27.49 | 24.22 | 3.27 (11.90%) | 8.41% |
| An entry @27.49. This is a Buy Stop order right above the resistance zone. | An exit @24.22. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.27 points, which is 11.90%. | For a 1.00% total portfolio risk, you can invest 8.41% of your capital in this trade. |
- 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.
PXT.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:PXT (4/20/2026, 7:00:00 PM)
26.02
+1.36 (+5.52%)
PAREX RESOURCES INC / PXT.CA TA FAQ
Can you provide the ChartMill technical rating for PAREX RESOURCES INC?
ChartMill assigns a technical rating of 9 / 10 to PXT.CA.
What is the current trend direction of PAREX RESOURCES INC (PXT.CA) stock?
The current trend direction for PAREX RESOURCES INC (PXT.CA) is Bullish.
What is the RSI signal for PAREX RESOURCES INC (PXT.CA) stock?
PAREX RESOURCES INC (PXT.CA) has an RSI value of 52.3972. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PAREX RESOURCES INC?
The MACD indicator for PAREX RESOURCES INC (PXT.CA) has a value of -0.298656, indicating a bearish trend.
What is the support and resistance level for PXT stock?
PAREX RESOURCES INC (PXT.CA) has a support level at 24.66 and a resistance level at 27.3. Check the full technical report for our detailed analysis of PXT.CA support and resistance levels.