TRICAN WELL SERVICE LTD (TCW.CA) Stock Technical Analysis
Canada - TSX:TCW - CA8959451037 - Common Stock
Overall TCW gets a technical rating of 2 out of 10. TCW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, TCW does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 5.53, 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.
- 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
3.98
3 important support areas can be observed.
- A support zone ranging from 5.36 to 5.53. 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 5.20 to 5.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.02 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for TCW.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TCW.CA is down. |
| ChartMill Relative Strength | 46.76 | 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) | DOWN | NEGATIVE | The current price of TCW.CA is below a declining 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) | 49 | 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) | 38.02 | NEUTRAL | The Stochastics value for TCW.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.56 | MEDIUM VOLATILITY | The ATR as a percentage value for TCW.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.17 | NEGATIVE | The low ADX value for TCW.CA suggests a weak or negative trend. |
TSX:TCW (11/14/2025, 7:00:00 PM)
5.54
+0.19 (+3.55%)
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 2 / 10 to TCW.CA.
What is the current trend direction of TRICAN WELL SERVICE LTD (TCW.CA) stock?
The current trend direction for TRICAN WELL SERVICE LTD (TCW.CA) is Bearish.
What is the RSI signal for TRICAN WELL SERVICE LTD (TCW.CA) stock?
TRICAN WELL SERVICE LTD (TCW.CA) has an RSI value of 48.9966. This indicates that the stock is currently neutral.
What is the short term momentum for TCW stock?
The short term momentum for TRICAN WELL SERVICE LTD (TCW.CA) is negative.
What is the support and resistance level for TCW stock?
TRICAN WELL SERVICE LTD (TCW.CA) has a support level at 5.53. Check the full technical report for our detailed analysis of TCW.CA support and resistance levels.