Technical Analysis for POU - Paramount Resources Ltd.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Up | Up | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Multiple of Ten Bullish | Other | 1.51% | |
| Up 3 Days in a Row | Strength | 1.51% | |
| Upper Bollinger Band Touch | Strength | 1.51% | |
| Gapped Up | Strength | 5.80% | |
| Non-ADX 1,2,3,4 Bullish | Bullish Swing Setup | 7.08% | |
| NR7 | Range Contraction | 7.08% | |
| Inside Day | Range Contraction | 7.08% | |
| Doji - Bullish? | Reversal | 7.05% | |
| Outside Day | Range Expansion | 7.05% | |
| Cup with Handle | Other | 6.53% |
| Alert | Time |
|---|---|
| 1.5x Volume Pace | about 3 hours ago |
| Up 1% | about 4 hours ago |
| Rose Above Upper Bollinger Band | about 4 hours ago |
| Rose Above Previous Day's High | about 4 hours ago |
| Rose Above Upper Bollinger Band | 1 day ago |
Free Daily (Stock) Chart Reading
- Earnings date: 2024-05-01
Paramount Resources Ltd. Description
Paramount Resources Ltd. is engaged in exploring and developing conventional petroleum and natural gas prospects, which pursues non-conventional exploration and pre-development projects and holds a portfolio of investments in other entities. The Company's principal properties are primarily located in Alberta, British Columbia and Northwest Territories. The Company operates in three business segments: Principal Properties, Strategic Investments and Corporate. The Company's Principal Properties segment includes its corporate operating units (COUs), which are involved in the exploration, development, production and marketing of natural gas, natural gas liquids and crude oil having similar economic characteristics. Its COUs include the Kaybob COU, the Grande Prairie COU, the Southern COU and the Northern COU. The Company's Strategic Investments segment includes investments in other entities, such as affiliates.
Classification
Sector: Energy
Industry: Oil & Gas E&P
Keywords: Oil Natural Gas Marketing Petroleum Universe Crude Oil Liquids Nature Natural Gas Liquids Northwest Territories Grande Prairie
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 32.8749 |
| 52 Week Low | 24.2568 |
| Average Volume | 293,751 |
| 200-Day Moving Average | 28.335 |
| 50-Day Moving Average | 27.995 |
| 20-Day Moving Average | 28.677 |
| 10-Day Moving Average | 29.327 |
| Average True Range | 0.729 |
| RSI (14) | 71.35 |
| ADX | 26.61 |
| +DI | 34.688 |
| -DI | 16.309 |
| Chandelier Exit (Long, 3 ATRs) | 28.424 |
| Chandelier Exit (Short, 3 ATRs) | 28.516 |
| Upper Bollinger Bands | 30.400 |
| Lower Bollinger Band | 26.954 |
| Percent B (%b) | 0.99 |
| BandWidth | 12.017 |
| MACD Line | 0.575 |
| MACD Signal Line | 0.493 |
| MACD Histogram | 0.0818 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 32.390 | ||||
| Resistance 3 (R3) | 32.233 | 31.407 | 32.055 | ||
| Resistance 2 (R2) | 31.407 | 30.895 | 31.485 | 31.943 | |
| Resistance 1 (R1) | 30.893 | 30.579 | 31.150 | 31.050 | 31.832 |
| Pivot Point | 30.067 | 30.067 | 30.195 | 30.145 | 30.067 |
| Support 1 (S1) | 29.553 | 29.555 | 29.810 | 29.710 | 28.928 |
| Support 2 (S2) | 28.727 | 29.239 | 28.805 | 28.817 | |
| Support 3 (S3) | 28.213 | 28.727 | 28.705 | ||
| Support 4 (S4) | 28.370 |
