Technical Analysis for PRMRF - Paramount Resources Ltd

Grade Last Price % Change Price Change
grade B 5.72 -3.21% -0.1900
PRMRF closed down 3.21 percent on Wednesday, September 18, 2019, on 26 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
Stochastic Sell Signal Bearish 0.00%
Narrow Range Bar Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
Narrow Range Bar Range Contraction -3.21%
Inside Day Range Contraction -3.21%
Wide Bands Range Expansion -3.21%
Overbought Stochastic Strength -3.21%
MACD Bullish Centerline Cross Bullish -5.14%

Older signals for PRMRF ...

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Basic chart:
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 Nature Petroleum Crude Oil 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
Summary: Counts: 2 bullish, 1 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Recent News
Indicator Value
52 Week High 12.4193
52 Week Low 4.1408
Average Volume 7,048
200-Day Moving Average 6.6131
50-Day Moving Average 5.102
20-Day Moving Average 4.8568
10-Day Moving Average 5.2052
Average True Range 0.2675
ADX 18.75
+DI 53.5099
-DI 37.9856
Chandelier Exit (Long, 3 ATRs ) 5.2275
Chandelier Exit (Short, 3 ATRs ) 4.9433
Upper Bollinger Band 6.0257
Lower Bollinger Band 3.6879
Percent B (%b) 0.87
BandWidth 48.134574
MACD Line 0.1433
MACD Signal Line -0.0328
MACD Histogram 0.1761
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 5.9150
Resistance 3 (R3) 5.8933 5.8067 5.8825
Resistance 2 (R2) 5.8067 5.7570 5.8175 5.8717
Resistance 1 (R1) 5.7633 5.7263 5.7850 5.7850 5.8608
Pivot Point 5.6767 5.6767 5.6875 5.6875 5.6767
Support 1 (S1) 5.6333 5.6270 5.6550 5.6550 5.5792
Support 2 (S2) 5.5467 5.5963 5.5575 5.5683
Support 3 (S3) 5.5033 5.5467 5.5575
Support 4 (S4) 5.5250