CANFOR CORP (CFP.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:CFP - CA1375761048 - Common Stock
Overall CFP gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. CFP was also a bad performer in the overall market in the last year.
CFP has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
10.86
2 important support areas can be observed.
- Support @12.30 from a horizontal line in the daily time frame.
- A support zone ranging from 10.97 to 11.01. 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 12.37 to 12.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 12.59 to 12.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 13.86 to 13.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.31 from a trend line in the daily 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 | UP | POSITIVE | The short term trend for CFP.CA is up. |
| ChartMill Relative Strength | 14.14 | NEGATIVE | CFP.CA has a low relative strength, it was outperformed by 85.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CFP.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CFP.CA is above the rising 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) | 63.92 | NEUTRAL | The RSI value for CFP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests CFP.CA has a positive trend. |
| Stochastics (14,3) | 82.16 | OVERBOUGHT | The high Stochastics value suggests CFP.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for CFP.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.28 | NEUTRAL | The ADX value for CFP.CA suggests a possible start of a new trend. |
TSX:CFP (1/2/2026, 7:00:00 PM)
12.36
+0.63 (+5.37%)
CANFOR CORP / CFP.CA FAQ
Can you provide the ChartMill technical rating for CANFOR CORP?
ChartMill assigns a technical rating of 4 / 10 to CFP.CA.
Can you provide the trend direction for CANFOR CORP?
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 63.915. 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 0.12083, indicating a bearish trend.
What is the short term momentum for CFP stock?
The short term momentum for CANFOR CORP (CFP.CA) is positive.