tiprankstipranks
Major Drilling Group (TSE:MDI)
TSX:MDI

Major Drilling (MDI) Technical Analysis

50 Followers

Summary of all the Indicators

Overall Consensus
Buy
15Bullish
3Neutral
4Bearish
Technical Analysis Consensus
Sell
3Bullish
3Neutral
4Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Major Drilling Group’s (MDI) Moving Averages Convergence Divergence (MACD) indicator is 0.17, suggesting Major Drilling Group is a Sell.
Major Drilling Group’s (MDI) 20-Day exponential moving average is 9.70, while Major Drilling Group’s (MDI) share price is C$10.25, making it a Buy.
Major Drilling Group’s (MDI) 50-Day exponential moving average is 9.33, while Major Drilling Group’s (MDI) share price is C$10.25, making it a Buy.

Major Drilling (MDI) Pivot Points

May 18, 2024, 12:56 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
9.55
9.70
9.98
10.13
10.41
10.56
10.84
Fibonacci
9.70
9.87
9.97
10.13
10.30
10.40
10.56
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Major Drilling (MDI) Moving Averages

May 18, 2024, 12:56 AM
Period
Simple
Exponential
MA5
9.84Buy
9.93Buy
MA10
9.77Buy
9.82Buy
MA20
9.74Buy
9.70Buy
MA50
9.25Buy
9.33Buy
MA100
8.87Buy
8.99Buy
MA200
8.48Buy
8.79Buy
Major Drilling Group’s (MDI) 10-Day exponential moving average is 9.82, while Major Drilling Group’s (MDI) share price is C$10.25, making it a Buy.
Major Drilling Group’s (MDI) 100-Day exponential moving average is 8.99, while Major Drilling Group’s (MDI) share price is C$10.25, making it a Buy.
Major Drilling Group’s (MDI) stock price is C$10.25 and Major Drilling Group’s (MDI) 50-day simple moving average is 9.25, creating a Buy signal.
Major Drilling Group’s (MDI) stock price is C$10.25 and Major Drilling Group’s (MDI) 100-day simple moving average is 8.87, creating a Buy signal.
Major Drilling Group’s (MDI) stock price is C$10.25 and Major Drilling Group’s (MDI) 200-day simple moving average is 8.48, creating a Buy signal.

Major Drilling (MDI) Technical Indicators

May 18, 2024, 12:56 AM
Name
Value
Implied Action
RSI (14)
59.38
Neutral
STOCH (9,6)
83.09
Sell
STOCHRSI (14)
83.51
Sell
MACD (12,26)
0.17
Sell
ADX (14)
26.62
Neutral
Williams %R
-31.87
Buy
CCI (14)
163.33
Sell
ATR (14)
0.28
-
Ultimate Oscillator
49.16
Neutral
ROC
1.01
Buy
Major Drilling Group’s (MDI) Relative Strength Index (RSI) is 59.38, creating a Neutral signal.
Major Drilling Group’s (MDI) Trend Strength Indicator (ADX) is 26.62, creating a Neutral signal.
Major Drilling Group’s (MDI) Commodity Channel Index (CCI) is 163.33, creating a Sell signal.
Major Drilling Group’s (MDI) Price Rate of Change (ROC) is 1.01, creating a Buy signal.

FAQ

Is MDI a Buy, Hold, or Sell?
Based on MDI’s technical indicators, MDI is a Buy.
    What is MDI’s RSI (14)?
    MDI’s RSI (14) is 59.38, which suggests MDI is a Neutral.
      What is MDI’s MACD?
      MDI’s MACD is 0.17, which suggests MDI is a Sell.
        What is MDI’s 5-day moving average?
        MDI’s 5-day moving average is 9.84, which suggests MDI is a Buy.
          What is MDI’s 20-day moving average?
          MDI 20-day moving average is 9.74, which suggests MDI is a Buy.
            What is MDI’s 50-day moving average?
            MDI’s 50-day moving average is 9.25, which suggests MDI is a Buy.
              What is MDI’s 200-day moving average?
              MDI’s 200-day moving average is 8.48, which suggests MDI is a Buy.
                What is MDI’s Williams % R (14)?
                MDI’s Williams % R (14) is -31.87, which suggests MDI is a Buy.
                  What is MDI’s CCI (14)?
                  MDI’s CCI (14) is 163.33, which suggests MDI is a Sell.
                    What's Included in PREMIUM?
                    Make informed decisions based on Top Analysts' activity
                    Know what industry insiders are buying
                    Get actionable alerts from top Wall Street Analysts
                    Find out before anyone else which stock is going to shoot up
                    Get powerful stock screeners & detailed portfolio analysis