CALFRAC WELL SERVICES LTD (CFW.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:CFW - CA1295844056 - Common Stock
Taking everything into account, CFW scores 8 out of 10 in our technical rating. Although CFW is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- CFW is part of the Energy Equipment & Services industry. There are 27 other stocks in this industry. CFW outperforms 88% of them.
- CFW is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- CFW is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When comparing the yearly performance of all stocks, we notice that CFW is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Although CFW has an excellent technical rating, it does not offer a high 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
3.08
3 important support areas can be observed.
- A support zone ranging from 4.93 to 5.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.47 from a trend line in the daily time frame.
- A support zone ranging from 3.11 to 3.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 5.02 to 5.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for CFW.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CFW.CA is up. |
| ChartMill Relative Strength | 76.7 | POSITIVE | CFW.CA has a high relative strength, it outperformed 76.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CFW.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CFW.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CFW.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80.51 | OVERBOUGHT | The high RSI value suggests CFW.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests CFW.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.05 | OVERBOUGHT | The high Stochastics value suggests CFW.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.73 | MEDIUM VOLATILITY | The ATR as a percentage value for CFW.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 64.89 | POSITIVE | The high ADX value value for CFW.CA suggests a strong trend. |
TSX:CFW (1/21/2026, 7:00:00 PM)
5.01
+0.01 (+0.2%)
CALFRAC WELL SERVICES LTD / CFW.CA FAQ
What is the ChartMill technical rating of CALFRAC WELL SERVICES LTD (CFW.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to CFW.CA.
Can you provide the trend direction for CALFRAC WELL SERVICES LTD?
The current trend direction for CALFRAC WELL SERVICES LTD (CFW.CA) is Bullish.
What is the RSI signal for CFW stock?
CALFRAC WELL SERVICES LTD (CFW.CA) has an RSI value of 80.5113. This indicates that the stock is currently overbought.
What is the buy/sell signal for CFW stock?
The buy/sell signal for CALFRAC WELL SERVICES LTD (CFW.CA) is buy as both the short term and long term trends are positive.
What is the support and resistance level for CFW stock?
CALFRAC WELL SERVICES LTD (CFW.CA) has a support level at 5 and a resistance level at 5.02. Check the full technical report for our detailed analysis of CFW.CA support and resistance levels.