Technical Analysis for PD - Precision Drilling Corporation

Grade Last Price % Change Price Change
B 92.360 1.42% 1.290
PD closed up 1.42 percent on Thursday, November 21, 2024, on 1.24 times normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline. 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
Crossed Above 200 DMA Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Doji - Bearish? Reversal 0.00%
Stochastic Reached Overbought Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
New Uptrend Bullish 1.42%
Multiple of Ten Bullish Other 1.42%
Gapped Down Weakness 5.39%
New Uptrend Bullish 4.56%

   Recent Intraday Alerts

Alert Time
Upper Bollinger Band Resistance about 9 hours ago
Up 2% about 9 hours ago
Rose Above Previous Day's High about 10 hours ago
200 DMA Support about 10 hours ago
Rose Above 200 DMA about 10 hours ago

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Profile

Precision Drilling Corporation Description

Precision Drilling Corporation (Precision) provides contract drilling, and completion and production services primarily to oil and natural gas exploration and production companies in Canada, the United States and certain international locations. It operates through two segments: Contract Drilling Services, and Completion and Production Services. The Contract Drilling Services segment includes Drilling rig operations in Canada, the United States and international, and Directional drilling operations in Canada and the United States. The Completion and Production Services segment includes service rigs and equipment rentals in Canada and the United States, and snubbing and coil tubing, camps and catering, and water systems in Canada. The Company's operations in its segments are supported by business support systems, which include sales and marketing; procurement and distribution; manufacturing; equipment maintenance and certification, and engineering.


Classification

Sector: Energy
Industry: Oil & Gas Drilling
Keywords: Oil Natural Gas Manufacturing Marketing Water Drilling Engineering Petroleum Industry Gas Exploration Petroleum Production Natural Gas Exploration Precision Drilling Drilling Services Drilling Rig Oil Wells Contract Drilling CopiapĆ³ Mining Accident Equipment Rental Contract Drilling Services Directional Drilling Coiled Tubing Tubing Geotechnical Engineering National Oilwell Varco Business Support System Business Support Systems Service Rigs Snubbing Water Systems

Is PD 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 109.2
52 Week Low 67.46
Average Volume 107,712
200-Day Moving Average 91.654
50-Day Moving Average 86.000
20-Day Moving Average 86.730
10-Day Moving Average 89.046
Average True Range 2.724
RSI (14) 62.96
ADX 26.53
+DI 34.446
-DI 14.513
Chandelier Exit (Long, 3 ATRs) 85.270
Chandelier Exit (Short, 3 ATRs) 86.791
Upper Bollinger Bands 93.706
Lower Bollinger Band 79.754
Percent B (%b) 0.9
BandWidth 16.087
MACD Line 1.375
MACD Signal Line 0.819
MACD Histogram 0.5557
Fundamentals Value
Market Cap 1.27 Billion
Num Shares 13.7 Million
EPS 0.02
Price-to-Earnings (P/E) Ratio 4618.00
Price-to-Sales 0.33
Price-to-Book 0.24
PEG Ratio 0.33
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 95.480
Resistance 3 (R3) 95.493 94.467 94.960
Resistance 2 (R2) 94.467 93.672 94.460 94.787
Resistance 1 (R1) 93.413 93.181 93.940 93.400 94.613
Pivot Point 92.387 92.387 92.650 92.380 92.387
Support 1 (S1) 91.333 91.592 91.860 91.320 90.107
Support 2 (S2) 90.307 91.101 90.300 89.933
Support 3 (S3) 89.253 90.307 89.760
Support 4 (S4) 89.240