CALFRAC WELL SERVICES LTD (CFW.CA) Stock Technical Analysis
TSX:CFW - Toronto Stock Exchange - CA1295844056 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to CFW. CFW'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
85% of all other stocks performed better in the past year than CFW.
CFW is part of the Energy Equipment & Services industry. There are 29 other stocks in this industry, of which 78% are performing better than CFW.
CFW is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CFW is lagging the market.
In the last month CFW has a been trading in the 3.15 - 3.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, CFW does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.45. Right above this resistance zone may be a good entry point.
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 6 important areas.
- A resistance zone ranging from 3.45 to 3.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.64 from a trend line in the weekly time frame.
- Resistance @3.70 from a trend line in the daily time frame.
- Resistance @3.77 from a trend line in the weekly time frame.
- Resistance @3.85 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The short term trend for CFW.CA is down. |
| ChartMill Relative Strength | 15.77 | NEGATIVE | CFW.CA has a low relative strength, it was outperformed by 84.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CFW.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CFW.CA is below 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) | 43.22 | NEUTRAL | The RSI value for CFW.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CFW.CA has a positive trend. |
| Stochastics (14,3) | 35.99 | NEUTRAL | The Stochastics value for CFW.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for CFW.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.48 | 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 (5/30/2025, 7:00:00 PM)
3.27
+0.01 (+0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0.31%
1 Week2.83%
2 Weeks-2.68%
1 Month-1.51%
3 Month-15.5%
6 Month-16.37%
12 Month-21.58%
2 Year-20.44%
3 Year-30.28%
5 Year-68.86%
10 Year-99.25%
15 Year-98.67%
Volatility
ATR(14)0.09
ATR(20)%2.91%
ATR Inc17.56%
Range Today0.06
ADR(20)0.09
ADR(20)%2.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.77
Mansfield-1.75
10 Day High3.43
10 Day Low3.15
20 Day High3.53
20 Day Low3.15
52 Week High4.61
52 Week Low2.98
CS1 End3.11
CR1 Start3.45
Volume & EV
DER(3)-15.21%
DER(5)-2.74%
Volume450
Volume Incr-92.72%
Vol(5)3.47K
Vol(50)97.09K