PRECISION DRILLING CORP (PD.CA) Stock Technical Analysis
Canada - TSX:PD - CA74022D4075 - Common Stock
Overall PD gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, PD is a bad performer.
PD has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 84.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 80.17, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
73.25
2 important support areas can be observed.
- A support zone ranging from 78.31 to 80.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 73.99 to 74.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 84.14 to 84.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 PD.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PD.CA is neutral. |
| ChartMill Relative Strength | 23 | NEGATIVE | PD.CA has a low relative strength, it was outperformed by 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 | MIXED | The current price of PD.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.27 | 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) | 58.99 | NEUTRAL | The Stochastics value for PD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.14 | MEDIUM VOLATILITY | The ATR as a percentage value for PD.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.39 | NEGATIVE | The low ADX value for PD.CA suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 84.52 | 79.14 | 5.38 (6.37%) | 15.71% |
| An entry @84.52. This is a Buy Stop order right above the resistance zone. | An exit @79.14. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 5.38 points, which is 6.37%. | When investing 15.71% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
TSX:PD (11/7/2025, 7:00:00 PM)
81.35
+0.22 (+0.27%)
PRECISION DRILLING CORP / PD.CA FAQ
What is the technical rating for PD stock?
ChartMill assigns a technical rating of 6 / 10 to PD.CA.
Can you provide the trend direction for PRECISION DRILLING CORP?
The current trend direction for PRECISION DRILLING CORP (PD.CA) is Bullish.
Can you provide the RSI signal for PRECISION DRILLING CORP?
PRECISION DRILLING CORP (PD.CA) has an RSI value of 52.2687. This indicates that the stock is currently neutral.
What is the short term momentum for PRECISION DRILLING CORP (PD.CA) stock?
The short term momentum for PRECISION DRILLING CORP (PD.CA) is neutral.
What is the support and resistance level for PD stock?
PRECISION DRILLING CORP (PD.CA) has a support level at 80.17 and a resistance level at 84.14. Check the full technical report for our detailed analysis of PD.CA support and resistance levels.