CANFOR CORP (CFP.CA) Stock Technical Analysis
Canada - TSX:CFP - CA1375761048 - Common Stock
13.22 CAD
+0.11 (+0.84%)
Overall CFP gets a technical rating of 1 out of 10. 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.
When comparing the yearly performance of all stocks, CFP is a bad performer in the overall market: 89% of all stocks are doing better.
CFP is part of the Paper & Forest Products industry. There are 12 other stocks in this industry, of which 63% are performing better than CFP.
CFP 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.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
In the last month CFP has a been trading in the 12.65 - 14.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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 12.97, a Stop Loss order could be placed below this zone.
More info and screens
12.56
18.49
When analyzing the support we notice one important area.
- A support zone ranging from 12.69 to 12.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 13.57 to 13.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.36 to 14.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 14.81 to 14.96. 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 | NEUTRAL | NEUTRAL | The long term trend for CFP.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CFP.CA is down. |
| ChartMill Relative Strength | 11.23 | NEGATIVE | CFP.CA has a low relative strength, it was outperformed by 88.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CFP.CA is below the rising 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) | 46.46 | NEUTRAL | The RSI value for CFP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CFP.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.32 | NEUTRAL | The Stochastics value for CFP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for CFP.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.88 | NEGATIVE | The low ADX value for CFP.CA suggests a weak or negative trend. |
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)
TSX:CFP (9/18/2025, 7:00:00 PM)
13.22
+0.11 (+0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg0.84%
1 Week-4.89%
2 Weeks0%
1 Month4.09%
3 Month-8.32%
6 Month-14.16%
12 Month-19.29%
2 Year-21.64%
3 Year-34.26%
5 Year-11.81%
10 Year-16.91%
15 Year57.76%
Volatility
ATR(14)0.37
ATR(20)%2.68%
ATR Inc31.44%
Range Today0.24
ADR(20)0.35
ADR(20)%2.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.23
Mansfield-2.02
10 Day High14.01
10 Day Low13
20 Day High14.01
20 Day Low12.65
52 Week High18.38
52 Week Low12.6
CS1 End12.97
CR1 Start13.57
Volume & EV
DER(3)-6.97%
DER(5)-4.84%
Volume92.97K
Volume Incr-27.16%
Vol(5)118.67K
Vol(50)131.99K