CANFOR CORP (CFP.CA) Stock Technical Analysis
Canada - TSX:CFP - CA1375761048 - Common Stock
We assign a technical rating of 0 out of 10 to CFP. CFP'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.
CFP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 12.61. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.10, a Stop Loss order could be placed below this zone.
More info and screens
11.93
When analyzing the support we notice one important area.
- A support zone ranging from 12.05 to 12.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 12.61 to 12.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.29 from a trend line in the weekly time frame.
- A resistance zone ranging from 13.85 to 13.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.33 from a horizontal line in the daily time frame.
- Resistance @18.31 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CFP.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CFP.CA is down. |
| ChartMill Relative Strength | 10.12 | NEGATIVE | CFP.CA has a low relative strength, it was outperformed by 89.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CFP.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CFP.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CFP.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.04 | NEUTRAL | The RSI value for CFP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CFP.CA has a positive trend. |
| Stochastics (14,3) | 46.16 | NEUTRAL | The Stochastics value for CFP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.74 | MEDIUM VOLATILITY | The ATR as a percentage value for CFP.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.02 | NEUTRAL | The ADX value for CFP.CA suggests a possible start of a new trend. |
TSX:CFP (11/14/2025, 7:00:00 PM)
12.11
+0.09 (+0.75%)
CANFOR CORP / CFP.CA FAQ
Can you provide the ChartMill technical rating for CANFOR CORP?
ChartMill assigns a technical rating of 0 / 10 to CFP.CA.
What is the trend direction for CFP stock?
The current trend direction for CANFOR CORP (CFP.CA) is Bearish.
What is the RSI signal for CANFOR CORP (CFP.CA) stock?
CANFOR CORP (CFP.CA) has an RSI value of 46.0424. This indicates that the stock is currently neutral.
What is the MACD signal for CANFOR CORP (CFP.CA) stock?
The MACD indicator for CANFOR CORP (CFP.CA) has a value of 0.00852137, indicating a bearish trend.
Can you provide the short term momentum for CANFOR CORP?
The short term momentum for CANFOR CORP (CFP.CA) is negative.