PAREX RESOURCES INC (PXT.CA) Stock Technical Analysis
TSX:PXT - Toronto Stock Exchange - CA69946Q1046 - Common Stock - Currency: CAD
We assign a technical rating of 5 out of 10 to PXT. In the last year, PXT was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
85% of all other stocks performed better in the past year than PXT.
PXT is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 69% of 212 stocks in the same industry do better.
In the last month PXT has a been trading in the 13.62 - 15.86 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
PXT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PXT is lagging the market.
PXT has an average technical rating and it also does not offer a high 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
15.82
2 important support areas can be observed.
- A support zone ranging from 14.05 to 14.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.58 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @15.24 from a horizontal line in the daily time frame.
- A resistance zone ranging from 15.61 to 15.66. 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 | 15.44 | NEGATIVE | PXT.CA has a low relative strength, it was outperformed by 84.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PXT.CA is below 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) | 48.41 | NEUTRAL | The RSI value for PXT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests PXT.CA has a negative trend. |
| Stochastics (14,3) | 6.1 | OVERSOLD | The low Stochastics value suggests PXT.CA may be oversold. |
| Average True Range in percent/ATR (20) | 3.41 | MEDIUM VOLATILITY | The ATR as a percentage value for PXT.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.64 | NEUTRAL | The ADX value for PXT.CA suggests a possible start of a new 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)
TSX:PXT (6/27/2025, 7:00:00 PM)
14.07
-0.02 (-0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.14%
1 Week-7.86%
2 Weeks-10.1%
1 Month3.76%
3 Month4.3%
6 Month4.22%
12 Month-35.81%
2 Year-47.03%
3 Year-35.46%
5 Year-14%
10 Year34.38%
15 Year246.55%
Volatility
ATR(14)0.49
ATR(20)%3.41%
ATR Inc-50.66%
Range Today0.26
ADR(20)0.43
ADR(20)%3.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.44
Mansfield-0.85
10 Day High15.63
10 Day Low13.93
20 Day High15.86
20 Day Low13.62
52 Week High22.33
52 Week Low10.3
CS1 End14.06
CR1 Start15.24
Volume & EV
DER(3)-2.84%
DER(5)-3.46%
Volume395.63K
Volume Incr-19.72%
Vol(5)672.37K
Vol(50)651.95K