PRECISION DRILLING CORP (PD.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:PD - CA74022D4075 - Common Stock
We assign a technical rating of 8 out of 10 to PD. Although PD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although PD has an excellent technical rating, it does not present a decent entry opportunity 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
73.25
When analyzing the support we can see 3 important areas.
- A support zone ranging from 81.69 to 82.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 79.69 to 80.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @73.99 from a horizontal line in the daily 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 | 66.68 | 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) | UP | POSITIVE | The current price of PD.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.61 | OVERBOUGHT | The high RSI value suggests PD.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.19 | POSITIVE | The MACD value suggests PD.CA has a positive trend. |
| Stochastics (14,3) | 93.21 | OVERBOUGHT | The high Stochastics value suggests PD.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for PD.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 28.13 | POSITIVE | The high ADX value value for PD.CA suggests a strong trend. |
TSX:PD (12/5/2025, 7:00:00 PM)
94.25
+0.58 (+0.62%)
PRECISION DRILLING CORP / PD.CA FAQ
What is the technical rating for PD stock?
ChartMill assigns a technical rating of 8 / 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 76.612. This indicates that the stock is currently overbought.
What is the short term momentum for PRECISION DRILLING CORP (PD.CA) stock?
The short term momentum for PRECISION DRILLING CORP (PD.CA) is positive.
What is the support and resistance level for PD stock?
PRECISION DRILLING CORP (PD.CA) has a support level at 82.45. Check the full technical report for our detailed analysis of PD.CA support and resistance levels.