WEST FRASER TIMBER CO LTD (WFG) Stock Technical Analysis
NYSE:WFG - New York Stock Exchange, Inc. - CA9528451052 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to WFG. WFG 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
74% of all other stocks performed better in the past year than WFG.
WFG is part of the Paper & Forest Products industry. There are 9 other stocks in this industry, of which 62% are performing better than WFG.
WFG 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.
In the last month WFG has a been trading in the 78.54 - 92.80 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of WFG is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
74.02
96.23
When analyzing the support we can see 2 important areas.
- Support @77.04 from a horizontal line in the weekly time frame.
- Support @74.77 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 81.68 to 81.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 85.87 to 88.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @90.31 from a horizontal line in the daily time frame.
- Resistance @95.28 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
CRS26.23
Mansfield-1.47
10 Day High86.88
10 Day Low78.54
20 Day High92.8
20 Day Low78.54
52 Week High102.4
52 Week Low73.91
Performance
1 Week-2.16%
2 Weeks-8.17%
1 Month-14.45%
3 Month-16.54%
6 Month-12.1%
12 Month2.34%
2 Year5.04%
3 Year-20.95%
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)-0.59
RSI(14)31.77
LBB77.44
UBB87.94
NYSE:WFG (2/21/2025, 8:04:00 PM)
78.84
-1.39 (-1.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg-1.73%
1 Week-2.16%
2 Weeks-8.17%
1 Month-14.45%
3 Month-16.54%
6 Month-12.1%
12 Month2.34%
2 Year5.04%
3 Year-20.95%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.13
ATR(20)%2.71%
ATR Inc10.76%
Range Today2.05
ADR(20)1.98
ADR(20)%2.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.23
Mansfield-1.47
10 Day High86.88
10 Day Low78.54
20 Day High92.8
20 Day Low78.54
52 Week High102.4
52 Week Low73.91
CS1 End77.04
CR1 Start81.68
Volume & EV
DER(3)-1.45%
DER(5)-0.9%
Volume127.70K
Volume Incr17.39%
Vol(5)215.02K
Vol(50)170.20K