CALFRAC WELL SERVICES LTD (CFW.CA) Stock Technical Analysis
TSX:CFW - CA1295844056 - Common Stock
3.38 CAD
0 (0%)
Overall CFW gets a technical rating of 1 out of 10. 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.
When comparing the yearly performance of all stocks, CFW is a bad performer in the overall market: 84% of all stocks are doing better.
CFW is one of the lesser performing stocks in the Energy Equipment & Services industry. 69% of 27 stocks in the same industry do better.
CFW is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
CFW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CFW is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, CFW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 3.36, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CFW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.07
4.07
2 important support areas can be observed.
- A support zone ranging from 3.35 to 3.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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.
We can see 5 important resistance areas.
- A resistance zone ranging from 3.39 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 3.52 to 3.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.84 from a trend line in the weekly time frame.
- Resistance @3.95 from a horizontal line in the daily time frame.
- A resistance zone ranging from 4.02 to 4.03. 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 | 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 | 16.8 | NEGATIVE | CFW.CA has a low relative strength, it was outperformed by 83.2% 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) | 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) | 38.7 | NEUTRAL | The RSI value for CFW.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CFW.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.63 | NEUTRAL | The Stochastics value for CFW.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for CFW.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.4 | 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 (9/2/2025, 7:00:00 PM)
3.38
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0%
1 Week-0.88%
2 Weeks-0.88%
1 Month-12.89%
3 Month-0.88%
6 Month-8.65%
12 Month-12.21%
2 Year-40.07%
3 Year-36.35%
5 Year-56.39%
10 Year-97.83%
15 Year-98.94%
Volatility
ATR(14)0.09
ATR(20)%3.05%
ATR Inc-7.03%
Range Today0.02
ADR(20)0.1
ADR(20)%2.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.8
Mansfield-1.62
10 Day High3.53
10 Day Low3.29
20 Day High4
20 Day Low3.29
52 Week High4.17
52 Week Low2.98
CS1 End3.36
CR1 Start3.39
Volume & EV
DER(3)12.56%
DER(5)9.2%
Volume2.70K
Volume Incr-80.65%
Vol(5)7.07K
Vol(50)36.27K