TRICAN WELL SERVICE LTD (TCW.CA) Stock Technical Analysis
Canada - TSX:TCW - CA8959451037 - Common Stock
We assign a technical rating of 4 out of 10 to TCW. In the last year, TCW was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
TCW has an average technical rating and also 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
We found 2 important support areas.
- A support zone ranging from 5.39 to 5.52. 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.
When analyzing the resistance we notice one important area.
- Resistance @5.77 from a trend 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 TCW.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TCW.CA is neutral. |
| ChartMill Relative Strength | 57.98 | NEUTRAL | TCW.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TCW.CA is below a declining 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) | 47.13 | NEUTRAL | The RSI value for TCW.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TCW.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.56 | NEUTRAL | The Stochastics value for TCW.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for TCW.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.16 | NEUTRAL | The ADX value for TCW.CA suggests a possible start of a new trend. |
TSX:TCW (10/28/2025, 7:00:00 PM)
5.76
-0.07 (-1.2%)
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 4 / 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 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 47.1295. 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 neutral.
What is the support and resistance level for TCW stock?
TRICAN WELL SERVICE LTD (TCW.CA) has a support level at 5.52 and a resistance level at 5.77. Check the full technical report for our detailed analysis of TCW.CA support and resistance levels.