Technical Analysis for PRMRF - Paramount Resources Ltd

Grade Last Price % Change Price Change
grade B 5.08 4.10% 0.2000
PRMRF closed up 4.1 percent on Friday, December 6, 2019, on 34 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Up Up
See historical PRMRF trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Stochastic Reached Overbought Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Narrow Range Bar Range Contraction 4.10%
Gapped Up Strength 4.10%
Crossed Above 20 DMA Bullish 6.95%
Crossed Above 50 DMA Bullish 6.95%
Narrow Range Bar Range Contraction 6.95%

Older signals for PRMRF ...

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Profile

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.
Natural Gas Crude Oil Nature Petroleum Natural Gas Liquids Paramount Resources Natural Gas Prospects

Is PRMRF a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 11.71
52 Week Low 3.63
Average Volume 4,749
200-Day Moving Average 5.6322
50-Day Moving Average 4.6058
20-Day Moving Average 4.5774
10-Day Moving Average 4.6830
Average True Range 0.1936
ADX 13.92
+DI 55.8625
-DI 34.2147
Chandelier Exit (Long, 3 ATRs ) 4.5367
Chandelier Exit (Short, 3 ATRs ) 4.5640
Upper Bollinger Band 5.1587
Lower Bollinger Band 3.9961
Percent B (%b) 0.93
BandWidth 25.3987
MACD Line 0.0718
MACD Signal Line 0.0109
MACD Histogram 0.0609
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 5.1843
Resistance 3 (R3) 5.1852 5.1513 5.1669
Resistance 2 (R2) 5.1513 5.1248 5.1509 5.1611
Resistance 1 (R1) 5.1157 5.1084 5.1335 5.1148 5.1553
Pivot Point 5.0818 5.0818 5.0908 5.0814 5.0818
Support 1 (S1) 5.0462 5.0553 5.0640 5.0453 5.0047
Support 2 (S2) 5.0123 5.0389 5.0119 4.9989
Support 3 (S3) 4.9767 5.0123 4.9931
Support 4 (S4) 4.9758