WEST FRASER TIMBER CO LTD (WFG.CA) Stock Technical Analysis
TSX:WFG - Toronto Stock Exchange - CA9528451052 - Common Stock - Currency: CAD
Overall WFG gets a technical rating of 0 out of 10. WFG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, WFG is a bad performer in the overall market: 74% of all stocks are doing better.
WFG is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month WFG has a been trading in the 108.05 - 124.37 range, which is quite wide. It is currently trading near the lows of this range.
WFG is an average performer in the Paper & Forest Products industry, it outperforms 63% of 12 stocks in the same industry.
Although the technical rating is bad, WFG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 114.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 112.12, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for WFG 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
102.92
136.81
2 important support areas can be observed.
- A support zone ranging from 109.89 to 112.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @103.96 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 114.31 to 114.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 120.52 to 122.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 126.60 to 127.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @135.46 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.86
Mansfield-0.83
10 Day High116.24
10 Day Low108.05
20 Day High124.37
20 Day Low108.05
52 Week High141.27
52 Week Low100.84
Performance
1 Week-2.46%
2 Weeks-0.07%
1 Month-8.66%
3 Month-15.62%
6 Month-5.31%
12 Month2.45%
2 Year16.32%
3 Year9.01%
5 YearN/A
10 YearN/A
15 YearN/A
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)0.22
RSI(14)39.43
LBB109.69
UBB115
TSX:WFG (3/7/2025, 7:00:00 PM)
112.13
+0.72 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg0.65%
1 Week-2.46%
2 Weeks-0.07%
1 Month-8.66%
3 Month-15.62%
6 Month-5.31%
12 Month2.45%
2 Year16.32%
3 Year9.01%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.91
ATR(20)%2.64%
ATR Inc-25.42%
Range Today3.28
ADR(20)2.86
ADR(20)%2.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.86
Mansfield-0.83
10 Day High116.24
10 Day Low108.05
20 Day High124.37
20 Day Low108.05
52 Week High141.27
52 Week Low100.84
CS1 End112.12
CR1 Start114.31
Volume & EV
DER(3)6.36%
DER(5)3.01%
Volume133.54K
Volume Incr-14.75%
Vol(5)156.57K
Vol(50)144.68K