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 7 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.
When comparing the yearly performance of all stocks, PD is a bad performer in the overall market: 62% of all stocks are doing better.
PD is part of the Energy Equipment & Services industry. There are 27 other stocks in this industry, of which 61% are performing better than PD.
Both the short term and long term trends are positive. This is a very positive sign.
PD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PD is lagging the market.
In the last month PD has a been trading in the 66.52 - 79.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PD has an excellent technical rating, but the quality of the setup is only medium 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
60.23
87.35
3 important support areas can be observed.
- A support zone ranging from 70.47 to 71.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 67.72 to 67.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @60.84 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @75.44 from a horizontal line in the weekly time frame.
- Resistance @86.49 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 | UP | POSITIVE | The long term trend for PD.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PD.CA is up. |
| ChartMill Relative Strength | 38.29 | NEUTRAL | PD.CA is not amongst the best or worst performers 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) | 61.51 | NEUTRAL | The RSI value for PD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests PD.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.66 | NEUTRAL | The Stochastics value for PD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for PD.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.96 | 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 (8/5/2025, 7:00:00 PM)
75.43
+0.63 (+0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0.84%
1 Week2.98%
2 Weeks11.39%
1 Month11.17%
3 Month28.09%
6 Month-5.75%
12 Month-19.93%
2 Year-15.37%
3 Year-6.55%
5 Year309.95%
10 Year-40.51%
15 Year-43.54%
Volatility
ATR(14)2.67
ATR(20)%3.24%
ATR Inc17.1%
Range Today1.67
ADR(20)2.36
ADR(20)%3.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.29
Mansfield-0.89
10 Day High79
10 Day Low67.49
20 Day High79
20 Day Low66.52
52 Week High101.3
52 Week Low51.38
CS1 End71.5
CR1 Start75.44
Volume & EV
DER(3)-5.79%
DER(5)-2.13%
Volume51.88K
Volume Incr37.26%
Vol(5)102.93K
Vol(50)96.54K