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Parex Resources Inc.

PARXF•PNK
Energy
Oil & Gas Exploration & Production
$16.22
$0.00(0.00%)
U.S. Market opens in 12h 12m

Parex Resources Inc. (PARXF) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Parex Resources Inc. (PNK:PARXF).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

PARXF Technical Analysis Summary

Parex Resources Inc. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 60.46)
Trend Strength:Weak (ADX: 16.58)
Volatility:Medium (ATR: 0.45)
Support/Resistance:$14.42 – $16.25 (Bollinger Bands)

Technical conditions suggest Parex Resources Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 60.46

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 83.96

Bearish
Overbought levels may trigger pullback.

Williams %R: -22.16

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 4.67

Bullish
Steady upward momentum.

Takeaway:Parex Resources Inc. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.49

Bullish
Bullish, trend momentum is strengthening.

ADX: 16.58

Weak
Weak trend, market trading sideways.

ATR (14): 0.45

Low
Low volatility, stable price action.

CCI (14): 79.07

Bullish
Bullish, momentum building upward.

Takeaway:Parex Resources Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$16.25
Middle Band (SMA 20)
$15.34
Lower Band
$14.42
Current Position
Within Bands

Takeaway:Parex Resources Inc. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$16.18
Middle Line (EMA 20)
$15.28
Lower Channel
$14.38
Squeeze Status
No Squeeze

Takeaway:Parex Resources Inc. trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume920.95K
Money Flow Index54.29Neutral, balanced money flows with no clear signal.
Relative Vigor Index56.75Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:PARXF shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Parex Resources Inc., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Technical indicators for Parex Resources Inc. are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ