MAJOR DRILLING GROUP INTL (MDI.CA) Technical Analysis
TSX:MDI • CA5609091031
Current stock price
MDI.CA Technical Rating and Analysis
Overall MDI gets a technical rating of 8 out of 10. In the last year, MDI was one of the better performers, but we do observe some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that MDI is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, MDI also shows a nice and consistent pattern of rising prices.
- MDI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MDI is performing more or less in line with the market.
- In the last month MDI has a been trading in the 14.46 - 17.14 range, which is quite wide. It is currently trading near the high of this range.
- MDI is an average performer in the Metals & Mining industry, it outperforms 69% of 798 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MDI.CA Weekly and Daily overview Charts
MDI.CA Setup Rating and Analysis
Besides having an excellent technical rating, MDI also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
MDI.CA Support and Resistance Analysis
14.53
When analyzing the support we can see 2 important areas.
- Support @15.06 from a trend line in the daily time frame.
- A support zone ranging from 14.68 to 14.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
MDI.CA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MDI.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MDI.CA is neutral. |
| ChartMill Relative Strength | 87.74 | POSITIVE | MDI.CA has a high relative strength, it outperformed 87.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MDI.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MDI.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MDI.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.31 | NEUTRAL | The RSI value for MDI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests MDI.CA has a positive trend. |
| Stochastics (14,3) | 79.62 | NEUTRAL | The Stochastics value for MDI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.96 | MEDIUM VOLATILITY | The ATR as a percentage value for MDI.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.93 | NEUTRAL | The ADX value for MDI.CA suggests a possible start of a new trend. |
MDI.CA Chart- and CandleStick Pattern Analysis
MDI.CA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.75 | 14.51 | 2.24 (13.37%) | 7.48% |
| An entry @16.75. This is a Buy Stop order right above the 10 day high. | An exit @14.51. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.24 points, which is 13.37%. | For a 1.00% total portfolio risk, you can invest 7.48% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MDI.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:MDI (4/2/2026, 7:00:00 PM)
16.69
+0.12 (+0.72%)
MAJOR DRILLING GROUP INTL / MDI.CA TA FAQ
Can you provide the ChartMill technical rating for MAJOR DRILLING GROUP INTL?
ChartMill assigns a technical rating of 8 / 10 to MDI.CA.
What is the current trend direction of MAJOR DRILLING GROUP INTL (MDI.CA) stock?
The current trend direction for MAJOR DRILLING GROUP INTL (MDI.CA) is Bullish.
What is the RSI signal for MAJOR DRILLING GROUP INTL (MDI.CA) stock?
MAJOR DRILLING GROUP INTL (MDI.CA) has an RSI value of 56.3058. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for MAJOR DRILLING GROUP INTL?
MAJOR DRILLING GROUP INTL (MDI.CA) has a support level at 15.06. Check the full technical report for our detailed analysis of MDI.CA support and resistance levels.