CANFOR PULP PRODUCTS INC (CFX.CA) Stock Technical Analysis
TSX:CFX - Toronto Stock Exchange - CA1375842079 - Common Stock - Currency: CAD
Taking everything into account, CFX scores 1 out of 10 in our technical rating. CFX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, CFX is a bad performer in the overall market: 91% of all stocks are doing better.
CFX is one of the lesser performing stocks in the Paper & Forest Products industry. 90% of 12 stocks in the same industry do better.
CFX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: CFX has an average volume of 22969 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month CFX has a been trading in the 0.72 - 0.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
CFX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.80. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for CFX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.78
1.08
We found 1 important support area.
- Support @0.79 from a trend line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 0.80 to 0.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.85 to 0.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.90 from a trend line in the daily time frame.
- Resistance @0.94 from a trend line in the weekly time frame.
- Resistance @1.07 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.65
Mansfield-3.49
10 Day High0.82
10 Day Low0.78
20 Day High0.88
20 Day Low0.72
52 Week High1.77
52 Week Low0.67
Performance
1 Week-1.25%
2 Weeks-1.25%
1 Month3.95%
3 Month-7.06%
6 Month-15.05%
12 Month-50.31%
2 Year-78.99%
3 Year-86.19%
5 Year-88.95%
10 Year-95.06%
15 Year-92.4%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)46.97
LBB0.77
UBB0.83
TSX:CFX (2/21/2025, 7:00:00 PM)
0.79
-0.03 (-3.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg-3.66%
1 Week-1.25%
2 Weeks-1.25%
1 Month3.95%
3 Month-7.06%
6 Month-15.05%
12 Month-50.31%
2 Year-78.99%
3 Year-86.19%
5 Year-88.95%
10 Year-95.06%
15 Year-92.4%
Volatility
ATR(14)0.03
ATR(20)%4.75%
ATR Inc-2%
Range Today0.03
ADR(20)0.03
ADR(20)%3.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.65
Mansfield-3.49
10 Day High0.82
10 Day Low0.78
20 Day High0.88
20 Day Low0.72
52 Week High1.77
52 Week Low0.67
CS1 End0.79
CR1 Start0.8
Volume & EV
DER(3)36.15%
DER(5)33.74%
Volume10.27K
Volume Incr-57.98%
Vol(5)5.19K
Vol(50)22.97K