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Paramount Resources Ltd.

POU.TO Technical Analysis Summary (TSX)

Analyze POU.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

POU.TO●TSX
EnergyOil & Gas Exploration & Production
$30.72
$1.49(4.63%)
Canadian Market opens in 0h 2m

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

POU.TO Technical Analysis Summary (TSX)

Paramount Resources Ltd. (TSX: POU.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 42.93)
Trend Strength:Weak (ADX: 15.77)
Volatility:Medium (ATR: 0.87)
Support/Resistance:$30.64 – $33.09 (Bollinger Bands)

Technical conditions suggest Paramount Resources Ltd. on the TSX is awaiting a decisive move. Overall, Paramount Resources Ltd. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 42.93

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 50.65

Neutral
Mid-range signal with no clear trend.

Williams %R: -96.74

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -2.78

Bearish
Selling pressure outweighs buying.

Takeaway:Paramount Resources Ltd. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.32

Bullish
Bullish, trend momentum is strengthening.

ADX: 15.77

Weak
Weak trend, market trading sideways.

ATR (14): 0.87

Low
Low volatility, stable price action.

CCI (14): -115.70

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Paramount Resources Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$33.09
Middle Band (SMA 20)
$31.87
Lower Band
$30.64
Current Position
Within Bands

Takeaway:Paramount Resources Ltd. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$33.59
Middle Line (EMA 20)
$31.85
Lower Channel
$30.11
Squeeze Status
Squeeze On

Takeaway:Paramount Resources Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume2.80M
Money Flow Index61.21Bullish, inflows support continued momentum.
Relative Vigor Index41.34Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:POU.TO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Paramount Resources Ltd. (TSX: POU.TO), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

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

(TSX: POU.TO) Technical Analysis FAQ