CANFOR PULP PRODUCTS INC (CFX.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:CFX • CA1375842079
We assign a technical rating of 8 out of 10 to CFX. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CFX is only an average performer.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Both the short term and long term trends are positive. This is a very positive sign.
- CFX is part of the Paper & Forest Products industry. There are 12 other stocks in this industry. CFX outperforms 90% of them.
- In the last month CFX has a been trading in the 0.52 - 0.69 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, CFX did better than 74% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- CFX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CFX is lagging the market.
CFX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for CFX in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
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2 important support areas can be observed.
- A support zone ranging from 0.64 to 0.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.60 to 0.60. 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 CFX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CFX.CA is up. |
| ChartMill Relative Strength | 74.32 | POSITIVE | CFX.CA has a high relative strength, it outperformed 74.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CFX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CFX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CFX.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.5 | NEUTRAL | The RSI value for CFX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CFX.CA has a negative trend. |
| Stochastics (14,3) | 82.22 | OVERBOUGHT | The high Stochastics value suggests CFX.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.3 | HIGH VOLATILITY | The high ATR as a percentage value for CFX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.49 | POSITIVE | The high ADX value value for CFX.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.70 | 0.63 | 0.07 (10.00%) | 10.00% |
| An entry @0.70. This is a Buy Stop order right above the 10 day high. | An exit @0.63. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.07 points, which is 10.00%. | For a 1.00% total portfolio risk, you can invest 10.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:CFX (2/6/2026, 7:00:00 PM)
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CANFOR PULP PRODUCTS INC / CFX.CA FAQ
Can you provide the ChartMill technical rating for CANFOR PULP PRODUCTS INC?
ChartMill assigns a technical rating of 8 / 10 to CFX.CA.
What is the current trend direction of CANFOR PULP PRODUCTS INC (CFX.CA) stock?
The current trend direction for CANFOR PULP PRODUCTS INC (CFX.CA) is Bullish.
What is the RSI signal for CANFOR PULP PRODUCTS INC (CFX.CA) stock?
CANFOR PULP PRODUCTS INC (CFX.CA) has an RSI value of 67.5004. This indicates that the stock is currently neutral.
What is the MACD signal for CANFOR PULP PRODUCTS INC (CFX.CA) stock?
The MACD indicator for CANFOR PULP PRODUCTS INC (CFX.CA) has a value of -0.0000677253, indicating a bearish trend.
What is the short term momentum for CANFOR PULP PRODUCTS INC (CFX.CA) stock?
The short term momentum for CANFOR PULP PRODUCTS INC (CFX.CA) is positive.