PRECISION DRILLING CORP (PD.CA) Stock Technical Analysis
TSX:PD - Toronto Stock Exchange - CA74022D4075 - Common Stock - Currency: CAD
Overall PD gets a technical rating of 4 out of 10. In the past year, PD was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
79% of all other stocks performed better in the past year than PD.
In the last month PD has a been trading in the 56.04 - 70.60 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
PD is an average performer in the Energy Equipment & Services industry, it outperforms 42% of 29 stocks in the same industry.
PD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PD is lagging the market slightly.
PD has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
53.63
89.56
We found 3 important support areas.
- A support zone ranging from 62.28 to 64.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 59.66 to 60.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @54.17 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 69.29 to 69.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @88.67 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for PD.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PD.CA is up. |
| ChartMill Relative Strength | 21.23 | NEGATIVE | PD.CA has a low relative strength, it was outperformed by 78.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PD.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PD.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PD.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.95 | NEUTRAL | The RSI value for PD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.94 | POSITIVE | The MACD value suggests PD.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.55 | OVERBOUGHT | The high Stochastics value suggests PD.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for PD.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.67 | POSITIVE | The high ADX value value for PD.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:PD (6/13/2025, 7:00:00 PM)
69.28
+1.41 (+2.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg2.08%
1 Week5.79%
2 Weeks16.81%
1 Month13.41%
3 Month8.05%
6 Month-19.54%
12 Month-23.07%
2 Year7.13%
3 Year-16.24%
5 Year236.31%
10 Year-58.76%
15 Year-50.93%
Volatility
ATR(14)2.08
ATR(20)%2.75%
ATR Inc16.84%
Range Today2.64
ADR(20)1.83
ADR(20)%2.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.23
Mansfield-1.8
10 Day High70.6
10 Day Low59.6
20 Day High70.6
20 Day Low56.04
52 Week High109.2
52 Week Low51.38
CS1 End64.21
CR1 Start69.29
Volume & EV
DER(3)6.95%
DER(5)6.12%
Volume112.94K
Volume Incr5.19%
Vol(5)88.87K
Vol(50)122.71K