TRICAN WELL SERVICE LTD (TCW.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:TCW - CA8959451037 - Common Stock
We assign a technical rating of 7 out of 10 to TCW. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TCW is only an average performer.
- The long and short term trends are both positive. This is looking good!
- TCW is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month TCW has a been trading in the 5.53 - 6.21 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, TCW outperforms 61% of them, which is more or less in line with the market.
- TCW is an average performer in the Energy Equipment & Services industry, it outperforms 61% of 27 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TCW 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
3.98
4 important support areas can be observed.
- A support zone ranging from 5.70 to 5.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.53 to 5.58. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @5.24 from a horizontal line in the weekly time frame.
- Support @4.02 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.33 to 6.35. 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 TCW.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TCW.CA is up. |
| ChartMill Relative Strength | 61.16 | NEUTRAL | TCW.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TCW.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TCW.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TCW.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.07 | NEUTRAL | The RSI value for TCW.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests TCW.CA has a positive trend. |
| Stochastics (14,3) | 79.71 | NEUTRAL | The Stochastics value for TCW.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for TCW.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.81 | NEGATIVE | The low ADX value for TCW.CA suggests a weak or negative trend. |
TSX:TCW (1/13/2026, 7:00:00 PM)
6.16
+0.1 (+1.65%)
TRICAN WELL SERVICE LTD / TCW.CA FAQ
Can you provide the ChartMill technical rating for TRICAN WELL SERVICE LTD?
ChartMill assigns a technical rating of 7 / 10 to TCW.CA.
What is the trend direction for TCW stock?
The current trend direction for TRICAN WELL SERVICE LTD (TCW.CA) is Bullish.
What is the RSI signal for TRICAN WELL SERVICE LTD (TCW.CA) stock?
TRICAN WELL SERVICE LTD (TCW.CA) has an RSI value of 60.0731. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for TRICAN WELL SERVICE LTD?
The buy/sell signal for TRICAN WELL SERVICE LTD (TCW.CA) is buy as both the short term and long term trends are positive.
What is the support and resistance level for TCW stock?
TRICAN WELL SERVICE LTD (TCW.CA) has a support level at 5.94 and a resistance level at 6.33. Check the full technical report for our detailed analysis of TCW.CA support and resistance levels.