Technical Analysis for MDI - Major Drilling Group International Inc.

Grade Last Price % Change Price Change
B 9.000 1.69% 0.150
MDI closed up 1.69 percent on Thursday, March 28, 2024, on 1.55 times normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Pocket Pivot Bullish Swing Setup 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Overbought Stochastic Strength 1.69%
Up 3 Days in a Row Strength 1.69%
Gapped Down Weakness 1.69%
Spinning Top Other 4.05%
Gapped Up Strength 4.05%
Overbought Stochastic Strength 4.05%

   Recent Intraday Alerts

Alert Time
Rose Above Upper Bollinger Band about 17 hours ago
Upper Bollinger Band Resistance about 21 hours ago
Rose Above Previous Day's High about 21 hours ago
Up 1% about 21 hours ago
3x Volume Pace about 22 hours ago

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Profile

Major Drilling Group International Inc. Description

Major Drilling Group International Inc. is a drilling services company. The Company is engaged in the business of contract drilling for companies primarily involved in mining and mineral exploration. The Company operates through three geographical segments, which include Canada - U.S., South and Central America, and Asia and Africa. The Company also has its operations in Mexico and Europe. The Company provides a range of drilling services, including surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive/longhole drilling and a range of drilling-related mine services. The Company categorizes its mineral drilling services into three types: specialized drilling, conventional drilling and underground drilling.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Mining Mineral Mineral Exploration Natural Gas Water Environmental Drilling Coal ING Group Drilling Services Drilling Rig Contract Drilling Methane Geotechnical Engineering Major Drilling Group International Mineral Drilling Services

Is MDI a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 11.3
52 Week Low 6.81
Average Volume 230,062
200-Day Moving Average 8.393
50-Day Moving Average 8.282
20-Day Moving Average 8.317
10-Day Moving Average 8.558
Average True Range 0.280
RSI (14) 65.87
ADX 33.39
+DI 30.010
-DI 8.947
Chandelier Exit (Long, 3 ATRs) 8.182
Chandelier Exit (Short, 3 ATRs) 8.329
Upper Bollinger Bands 9.046
Lower Bollinger Band 7.588
Percent B (%b) 0.97
BandWidth 17.533
MACD Line 0.171
MACD Signal Line 0.090
MACD Histogram 0.0816
Fundamentals Value
Market Cap 725.77 Million
Num Shares 80.6 Million
EPS -0.12
Price-to-Earnings (P/E) Ratio -75.00
Price-to-Sales 1.30
Price-to-Book 1.69
PEG Ratio -10.15
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.330
Resistance 3 (R3) 9.300 9.160 9.275
Resistance 2 (R2) 9.160 9.076 9.175 9.257
Resistance 1 (R1) 9.080 9.024 9.120 9.110 9.238
Pivot Point 8.940 8.940 8.960 8.955 8.940
Support 1 (S1) 8.860 8.856 8.900 8.890 8.762
Support 2 (S2) 8.720 8.804 8.735 8.743
Support 3 (S3) 8.640 8.720 8.725
Support 4 (S4) 8.670