CANFOR PULP PRODUCTS INC (CFX.CA) Stock Technical Analysis
TSX:CFX - Toronto Stock Exchange - CA1375842079 - Common Stock - Currency: CAD
We assign a technical rating of 1 out of 10 to CFX. CFX'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, CFX is a bad performer in the overall market: 91% of all stocks are doing better.
CFX is one of the lesser performing stocks in the Paper & Forest Products industry. 100% of 12 stocks in the same industry do better.
CFX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CFX is lagging the market.
Warning: CFX has an average volume of 12190 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month CFX has a been trading in the 0.68 - 0.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CFX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.67, a Stop Loss order could be placed below this zone.
More info and screens
0.64
0.83
We found 2 important support areas.
- Support @0.67 from a horizontal line in the daily time frame.
- A support zone ranging from 0.65 to 0.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.72 to 0.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.77 to 0.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.81 to 0.82. 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 CFX.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CFX.CA is down. |
| ChartMill Relative Strength | 9.61 | NEGATIVE | CFX.CA has a low relative strength, it was outperformed by 90.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CFX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CFX.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CFX.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.54 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 20.83 | NEUTRAL | The Stochastics value for CFX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.4 | MEDIUM VOLATILITY | The ATR as a percentage value for CFX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.09 | NEUTRAL | The ADX value for CFX.CA suggests a possible start of a new 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:CFX (6/6/2025, 7:00:00 PM)
0.71
+0.02 (+2.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg2.9%
1 Week-4.05%
2 Weeks-5.33%
1 Month-1.39%
3 Month-2.74%
6 Month-14.46%
12 Month-52.67%
2 Year-65.2%
3 Year-85.8%
5 Year-86.85%
10 Year-95.47%
15 Year-95.07%
Volatility
ATR(14)0.03
ATR(20)%4.4%
ATR Inc-41.67%
Range Today0.01
ADR(20)0.03
ADR(20)%3.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.61
Mansfield-2.13
10 Day High0.76
10 Day Low0.68
20 Day High0.76
20 Day Low0.68
52 Week High1.51
52 Week Low0.63
CS1 End0.67
CR1 Start0.72
Volume & EV
DER(3)-57.23%
DER(5)-49.71%
Volume1.95K
Volume Incr11.26%
Vol(5)11.67K
Vol(50)12.19K