TRICAN WELL SERVICE LTD (TCW.CA) Technical Analysis
TSX:TCW • CA8959451037
Current stock price
TCW.CA Technical Rating and Analysis
Taking everything into account, TCW scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TCW is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, TCW did better than 77% of all other stocks. We also observe that the gains produced by TCW over the past year are nicely spread over this period.
- TCW is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so TCW is leading the market.
- In the last month TCW has a been trading in the 6.42 - 7.34 range, which is quite wide. It is currently trading near the high of this range.
- TCW is part of the Energy Equipment & Services industry. There are 28 other stocks in this industry, TCW did better than 51% of them.
TCW.CA Weekly and Daily overview Charts
TCW.CA Setup Rating and Analysis
TCW has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 6.79, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TCW in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
TCW.CA Support and Resistance Analysis
5.98
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.64 to 6.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.50 to 6.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.04 to 6.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.26 to 7.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
TCW.CA Technical Indicator Signal Analysis
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 | 77.76 | POSITIVE | TCW.CA has a high relative strength, it outperformed 77.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TCW.CA is above a declining 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) | 76.97 | NEUTRAL | The Stochastics value for TCW.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.93 | MEDIUM VOLATILITY | The ATR as a percentage value for TCW.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.55 | NEGATIVE | The low ADX value for TCW.CA suggests a weak or negative trend. |
TCW.CA Chart- and CandleStick Pattern Analysis
TCW.CA Example Setup
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 |
|---|---|---|---|
| 7.35 | 6.63 | 0.72 (9.80%) | 10.21% |
| An entry @7.35. This is a Buy Stop order right above the resistance zone. | An exit @6.63. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.72 points, which is 9.80%. | When investing 10.21% 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.
TCW.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:TCW (3/17/2026, 7:00:00 PM)
7.1
+0.15 (+2.16%)
TRICAN WELL SERVICE LTD / TCW.CA TA FAQ
Can you provide the ChartMill technical rating for TRICAN WELL SERVICE LTD?
ChartMill assigns a technical rating of 9 / 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 60.0702. 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 6.79 and a resistance level at 7.26. Check the full technical report for our detailed analysis of TCW.CA support and resistance levels.