CALFRAC WELL SERVICES LTD (CFW.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:CFW - CA1295844056 - Common Stock
Overall CFW gets a technical rating of 5 out of 10. CFW has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
CFW has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 3.44. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.02
3 important support areas can be observed.
- A support zone ranging from 3.28 to 3.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
- A support zone ranging from 3.05 to 3.05. 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 3.44 to 3.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.61 from a trend line in the weekly time frame.
- Resistance @3.74 from a trend line in the weekly time frame.
- Resistance @3.86 from a horizontal line in the daily time frame.
- Resistance @4.02 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 CFW.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CFW.CA is up. |
| ChartMill Relative Strength | 18.96 | NEGATIVE | CFW.CA has a low relative strength, it was outperformed by 81.04% 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) | DOWN | MIXED | The current price of CFW.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CFW.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.09 | NEUTRAL | The RSI value for CFW.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CFW.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.21 | NEUTRAL | The Stochastics value for CFW.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for CFW.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.14 | NEUTRAL | The ADX value for CFW.CA suggests a possible start of a new trend. |
TSX:CFW (12/5/2025, 7:00:00 PM)
3.41
+0.07 (+2.1%)
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 5 / 10 to CFW.CA.
What is the trend direction for CFW stock?
The current trend direction for CALFRAC WELL SERVICES LTD (CFW.CA) is Bearish.
What is the RSI signal for CFW stock?
CALFRAC WELL SERVICES LTD (CFW.CA) has an RSI value of 57.0919. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CALFRAC WELL SERVICES LTD?
The short term momentum for CALFRAC WELL SERVICES LTD (CFW.CA) is positive.
Can you provide the support and resistance levels for CALFRAC WELL SERVICES LTD?
CALFRAC WELL SERVICES LTD (CFW.CA) has a support level at 3.32 and a resistance level at 3.44. Check the full technical report for our detailed analysis of CFW.CA support and resistance levels.