CANFOR CORP (CFP.CA) Technical Analysis
TSX:CFP • CA1375761048
Current stock price
CFP.CA Technical Rating and Analysis
Taking everything into account, CFP scores 2 out of 10 in our technical rating. In the last year, CFP was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 79% of all other stocks performed better in the past year than CFP.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- CFP is part of the Paper & Forest Products industry. There are 11 other stocks in this industry, CFP did better than 50% of them.
- CFP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CFP is lagging the market.
- In the last month CFP has a been trading in the 12.00 - 14.13 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.
CFP.CA Weekly and Daily overview Charts
CFP.CA Setup Rating and Analysis
Although the technical rating is bad, CFP does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 12.88, a Stop Loss order could be placed below this zone.
More info and screens
CFP.CA Support and Resistance Analysis
12.31
We found 2 important support areas.
- A support zone ranging from 12.80 to 12.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 12.43 to 12.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 13.43 to 13.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.85 to 13.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @15.02 from a trend line in the weekly time frame.
- A resistance zone ranging from 15.40 to 15.40. This zone is formed by a combination of multiple trend lines in the weekly time frame.
CFP.CA Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for CFP.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CFP.CA is neutral. |
| ChartMill Relative Strength | 21.36 | NEGATIVE | CFP.CA has a low relative strength, it was outperformed by 78.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CFP.CA is above 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 | MIXED | The current price of CFP.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.51 | NEUTRAL | The RSI value for CFP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CFP.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.66 | NEUTRAL | The Stochastics value for CFP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.8 | MEDIUM VOLATILITY | The ATR as a percentage value for CFP.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.55 | NEUTRAL | The ADX value for CFP.CA suggests a possible start of a new trend. |
CFP.CA Chart- and CandleStick Pattern Analysis
CFP.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:CFP (4/14/2026, 7:00:00 PM)
13.41
-0.05 (-0.37%)
CANFOR CORP / CFP.CA TA FAQ
Can you provide the ChartMill technical rating for CANFOR CORP?
ChartMill assigns a technical rating of 2 / 10 to CFP.CA.
Can you provide the trend direction for CANFOR CORP?
The current trend direction for CANFOR CORP (CFP.CA) is Bearish.
Can you provide the RSI signal for CANFOR CORP?
CANFOR CORP (CFP.CA) has an RSI value of 48.5148. This indicates that the stock is currently neutral.
What is the MACD signal for CFP stock?
The MACD indicator for CANFOR CORP (CFP.CA) has a value of 0.0214156, indicating a bearish trend.