Precision Drilling's 15min chart indicates bearish momentum with Bollinger Bands.

Thursday, Feb 5, 2026 11:03 am ET1min read
PDS--

Precision Drilling's 15-minute chart has exhibited a notable trend reversal, with Bollinger Bands expanding downward and a bearish Marubozu candlestick pattern emerging at 11:00 on February 5, 2026. This suggests that the market is currently being driven by selling pressure, with sellers firmly in control. Consequently, it is likely that bearish momentum will persist in the near term.

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