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PARAMOUNT RESOURCES LTD -A (POU.CA) Stock Technical Analysis

TSX:POU - Toronto Stock Exchange - CA6993202069 - Common Stock - Currency: CAD

31.11  +1.4 (+4.71%)

Technical Rating and Analysis

3

Taking everything into account, POU scores 3 out of 10 in our technical rating. POU has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

POU is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry. POU outperforms 84% of them.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that POU is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
POU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so POU is lagging the market.
In the last month POU has a been trading in the 27.62 - 32.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
PARAMOUNT RESOURCES LTD -A / POU Weekly stock chart
PARAMOUNT RESOURCES LTD -A / POU Daily stock chart
Setup Rating and Analysis

1

The technical rating of POU is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

24.95

33.91

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 28.78 to 29.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @25.20 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 31.69 to 32.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 32.79 to 33.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.02
Mansfield-0.28
10 Day High31.15
10 Day Low27.62
20 Day High32.29
20 Day Low27.62
52 Week High33.06
52 Week Low24.51
Performance
1 Week7.95%
2 Weeks4.08%
1 Month-2.11%
3 Month15.44%
6 Month14.8%
12 Month17.98%
2 Year4.4%
3 Year10.63%
5 Year626.87%
10 Year0%
15 Year73.7%
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)0.09
RSI(14)59.93
LBB28.27
UBB30.71
PARAMOUNT RESOURCES LTD -A / POU Daily stock chart

PARAMOUNT RESOURCES LTD -A

TSX:POU (2/5/2025, 7:00:00 PM)

31.11

+1.4 (+4.71%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg4.71%
1 Week7.95%
2 Weeks4.08%
1 Month-2.11%
3 Month15.44%
6 Month14.8%
12 Month17.98%
2 Year4.4%
3 Year10.63%
5 Year626.87%
10 Year0%
15 Year73.7%
Volatility
ATR(14)0.84
ATR(20)%2.47%
ATR Inc76.37%
Range Today1.63
ADR(20)0.75
ADR(20)%2.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.02
Mansfield-0.28
10 Day High31.15
10 Day Low27.62
20 Day High32.29
20 Day Low27.62
52 Week High33.06
52 Week Low24.51
CS1 End29.35
CR1 Start31.69
Volume & EV
DER(3)-1.99%
DER(5)1.08%
Volume2.63M
Volume Incr156.01%
Vol(5)1.42M
Vol(50)603.94K