Technical Analysis for PDS - Precision Drilling Corporation

Grade Last Price % Change Price Change
grade C 2.105 -3.00% -0.07
PDS closed up 0.93 percent on Friday, January 18, 2019, on 1.24 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical PDS trend table...

Date Alert Name Type % Chg
Jan 18 Crossed Above 50 DMA Bullish -3.00%
Jan 18 Hammer Candlestick Bullish -3.00%
Jan 18 Pocket Pivot Bullish Swing Setup -3.00%
Jan 18 Wide Bands Range Expansion -3.00%
Jan 17 Fell Below 50 DMA Bearish -2.09%
Jan 17 Wide Bands Range Expansion -2.09%
Jan 17 Overbought Stochastic Strength -2.09%
Jan 16 Wide Bands Range Expansion -3.44%
Jan 16 Overbought Stochastic Strength -3.44%
Jan 16 Upper Bollinger Band Touch Strength -3.44%

Older signals for PDS ...

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Profile
Precision Drilling Corporation provides oil and natural gas drilling and drilling-related services and products to oil and natural gas exploration and production companies in North America. Its Contract Drilling Services segment offers land drilling, directional drilling, and turnkey drilling services; trucking services for the movement of precision rigs; and procures and distributes oilfield supplies, as well as manufactures, refurbishes, and sells drilling and service rig equipment. As of December 31, 2012, this segment operated 321 land drilling rigs, including 186 in Canada; 127 in the United States; 3 in Saudi Arabia; and 5 in Mexico. The company's Completion and Production Services segment offers service rigs for well completion, workover, abandonment, maintenance, and re-entry preparation services; snubbing units and coil tubing units for pressure control services; camp and catering services; and water system services, as well as is involved in the rental of oilfield surface equipment, wellsite accommodations, small-flow wastewater treatment facilities, power generation equipment, and solids control equipment. As of December 31, 2012, this segment operated 190 well completion and workover service rigs, 19 snubbing units, and 5 coil tubing units in Canada and the United States; 243 wellsite accommodation units in Canada; 61 wellsite accommodation units in the United States; 8 large-flow wastewater treatment units and 6 potable water production units in Canada; and 50 drilling camps and 3 base camps in Canada and 4 drilling camps in the United States, as well as provided approximately 3,800 oilfield rental items including surface storage, small-flow wastewater treatment, power generation, and solids control equipment and solids. Precision Drilling Corporation was founded in 1951 and is headquartered in Calgary, Canada.
Is PDS a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 1 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 4.14
52 Week Low 1.62
Average Volume 1,466,208
200-Day Moving Average 3.0987
50-Day Moving Average 2.1578
20-Day Moving Average 1.9725
10-Day Moving Average 2.16
Average True Range 0.1392
ADX 27.13
+DI 24.4788
-DI 18.25
Chandelier Exit (Long, 3 ATRs ) 1.9624
Chandelier Exit (Short, 3 ATRs ) 2.0376
Upper Bollinger Band 2.3859
Lower Bollinger Band 1.5591
Percent B (%b) 0.74
BandWidth 41.91635
MACD Line 0.0317
MACD Signal Line -0.0119
MACD Histogram 0.0436
Fundamentals Value
Market Cap 636.32 Million
Num Shares 293 Million
EPS -0.39
Price-to-Earnings (P/E) Ratio -5.56
Price-to-Sales 0.74
Price-to-Book 0.43
PEG Ratio 0.39
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.36
Resistance 3 (R3) 2.34 2.27 2.33
Resistance 2 (R2) 2.27 2.22 2.27 2.32
Resistance 1 (R1) 2.22 2.19 2.18 2.23 2.31
Pivot Point 2.14 2.14 2.12 2.15 2.14
Support 1 (S1) 2.09 2.09 2.06 2.11 2.03
Support 2 (S2) 2.02 2.06 2.02 2.02
Support 3 (S3) 1.97 2.02 2.01
Support 4 (S4) 1.98