CALFRAC WELL SERVICES LTD (CFW.CA) Stock Technical Analysis
TSX:CFW - Toronto Stock Exchange - CA1295844056 - Common Stock - Currency: CAD
Taking everything into account, CFW scores 2 out of 10 in our technical rating. In the past year, CFW was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
85% of all other stocks performed better in the past year than CFW.
CFW is one of the lesser performing stocks in the Energy Equipment & Services industry. 72% of 26 stocks in the same industry do better.
CFW 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.
Warning: CFW has an average volume of 29845 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month CFW has a been trading in the 3.26 - 3.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CFW has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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
3.07
3.98
We found 1 important support area.
- A support zone ranging from 3.10 to 3.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 3.36 to 3.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.49 to 3.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.57 to 3.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.73 from a trend line in the weekly time frame.
- Strong resistance @3.94 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for CFW.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CFW.CA is neutral. |
| ChartMill Relative Strength | 15.66 | NEGATIVE | CFW.CA has a low relative strength, it was outperformed by 84.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CFW.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CFW.CA is below the rising 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) | 47 | NEUTRAL | The RSI value for CFW.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CFW.CA has a negative trend. |
| Stochastics (14,3) | 29.37 | NEUTRAL | The Stochastics value for CFW.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.98 | MEDIUM VOLATILITY | The ATR as a percentage value for CFW.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.12 | NEGATIVE | The low ADX value for CFW.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:CFW (6/25/2025, 7:00:00 PM)
3.36
-0.04 (-1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-1.18%
1 Week-0.88%
2 Weeks-0.59%
1 Month1.2%
3 Month-10.4%
6 Month-11.11%
12 Month-20.94%
2 Year-12.5%
3 Year-30.58%
5 Year-62.67%
10 Year-99.13%
15 Year-98.63%
Volatility
ATR(14)0.08
ATR(20)%2.98%
ATR Inc-30.53%
Range Today0.11
ADR(20)0.09
ADR(20)%2.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.66
Mansfield-1.6
10 Day High3.55
10 Day Low3.33
20 Day High3.6
20 Day Low3.26
52 Week High4.61
52 Week Low2.98
CS1 End3.11
CR1 Start3.36
Volume & EV
DER(3)-0.2%
DER(5)-10.77%
Volume71.56K
Volume Incr136.88%
Vol(5)26.71K
Vol(50)29.85K