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Stock Trend Analysis Report
Prepared for you on Friday, September 22, 2023.
Parex Resources Inc (TSE:PXT)
Long-Term Downtrend (-90) - PXT is in a strong downtrend that is likely to continue. While PXT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid PXT?
MarketClub looks at technical strength and momentum to determine if the timing is right for PXT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for PXT
The long-term trend has been DOWN since Aug 8th, 2023 at 25.47
The intermediate-term trend has been DOWN since Sep 21st, 2023 at 24.31
The short-term trend has been DOWN since Sep 20th, 2023 at 24.71
Smart Scan Analysis for PXT
Based on our trend formula, PXT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 24.58 | 24.61 | 24.34 | 24.47 | +0.14 |
| Prev. Close | Volume | Bid | Ask | Time |
| 24.33 | 62320 | 2023-09-22 10:59:54 |
| Year High | 26.78 | Year High Date | 2018-07-18 |
| Year Low | 15.77 | Year Low Date | 2018-11-27 |
| 52wk High | 26.78 | 52wk High Date | 2018-07-18 |
| 52wk Low | 15.77 | 52wk Low Date | 2018-11-27 |
| Year End Close | 5.8 | Average Volume | 683,781 |
| Volatility | 51.72 |