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Major Drilling Group International Inc.

MJDLF•PNK
Basic Materials
Industrial Materials
$12.02
$-0.24(-1.96%)
U.S. Market opens in 0h 15m

Major Drilling Group International Inc. (MJDLF) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Major Drilling Group International Inc. (PNK:MJDLF).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MJDLF Technical Analysis Summary

Major Drilling Group International Inc. stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 51.04)
Trend Strength:Moderate (ADX: 29.25)
Volatility:Medium (ATR: 0.36)
Support/Resistance:$11.68 – $13.44 (Bollinger Bands)

Overall, Major Drilling Group International Inc. shows bullish strength, supported by steady momentum and volume.

Momentum Indicators

RSI (14): 51.04

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 37.18

Bearish
Momentum remains weak below midpoint.

Williams %R: -62.50

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 0.00

Neutral
Price change is minimal.

Takeaway:Major Drilling Group International Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.23

Bullish
Bullish, trend momentum is strengthening.

ADX: 29.25

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.36

Low
Low volatility, stable price action.

CCI (14): -71.18

Bearish
Bearish, momentum remains under pressure.

Takeaway:Major Drilling Group International Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$13.44
Middle Band (SMA 20)
$12.56
Lower Band
$11.68
Current Position
Within Bands

Takeaway:Major Drilling Group International Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$13.09
Middle Line (EMA 20)
$12.36
Lower Channel
$11.64
Squeeze Status
No Squeeze

Takeaway:Major Drilling Group International Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume450.81K
Money Flow Index81.90Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index54.94Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:MJDLF shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Major Drilling Group International Inc., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Bearish Signals

MACD below signal line → short-term caution on momentum.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Major Drilling Group International Inc. stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

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