PRECISION DRILLING CORP (PD.CA) Stock Technical Analysis
TSX:PD - Toronto Stock Exchange - CA74022D4075 - Common Stock - Currency: CAD
We assign a technical rating of 3 out of 10 to PD. Recently some decent action could be observed, but in the medium term time frame this is still negative. PD was also a bad performer in the overall market in the last year.
84% of all other stocks performed better in the past year than PD.
PD is part of the Energy Equipment & Services industry. There are 26 other stocks in this industry, of which 76% are performing better than PD.
PD is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month PD has a been trading in the 63.01 - 71.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
PD has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
57.45
88.18
We found 4 important support areas.
- A support zone ranging from 66.27 to 66.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 63.25 to 63.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @60.08 from a trend line in the weekly time frame.
- Support @58.03 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 68.64 to 70.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @87.31 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 | 16.11 | NEGATIVE | PD.CA has a low relative strength, it was outperformed by 83.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PD.CA is above a declining 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) | 54.12 | NEUTRAL | The RSI value for PD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PD.CA has a negative trend. |
| Stochastics (14,3) | 71.5 | NEUTRAL | The Stochastics value for PD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for PD.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.3 | NEUTRAL | The ADX value for PD.CA suggests a possible start of a new 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 (7/14/2025, 7:00:00 PM)
68.16
-1.21 (-1.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-1.74%
1 Week0.46%
2 Weeks5.27%
1 Month-1.62%
3 Month13.52%
6 Month-27.78%
12 Month-30.58%
2 Year-22.17%
3 Year-21.91%
5 Year300.94%
10 Year-48.75%
15 Year-56.31%
Volatility
ATR(14)1.98
ATR(20)%2.99%
ATR Inc-22.38%
Range Today1.86
ADR(20)1.98
ADR(20)%2.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.11
Mansfield-1.95
10 Day High71.63
10 Day Low63.94
20 Day High71.63
20 Day Low63.01
52 Week High109.2
52 Week Low51.38
CS1 End66.46
CR1 Start68.64
Volume & EV
DER(3)2.83%
DER(5)0.79%
Volume46.46K
Volume Incr-52.2%
Vol(5)51.09K
Vol(50)89.69K