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CANFOR PULP PRODUCTS INC (CFX.CA) Stock Technical Analysis

TSX:CFX - Toronto Stock Exchange - CA1375842079 - Common Stock - Currency: CAD

0.78  -0.02 (-2.5%)

Technical Rating and Analysis

1

Overall CFX gets a technical rating of 1 out of 10. CFX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

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.
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 part of the Paper & Forest Products industry. There are 12 other stocks in this industry, of which 90% are performing better than CFX.
CFX 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: CFX has an average volume of 25864 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 0.72 - 0.88 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.
Weekly and Daily overview Charts
CANFOR PULP PRODUCTS INC / CFX Weekly stock chart
CANFOR PULP PRODUCTS INC / CFX Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is bad, CFX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.80. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for CFX 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.
Support and Resistance Analysis

0.77

1.09

When analyzing the resistance we notice 5 important areas.

  • A resistance zone ranging from 0.79 to 0.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 0.85 to 0.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @0.91 from a trend line in the daily time frame.
  • Resistance @0.94 from a trend line in the weekly time frame.
  • Resistance @1.08 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.29
Mansfield-3.63
10 Day High0.83
10 Day Low0.72
20 Day High0.88
20 Day Low0.72
52 Week High1.77
52 Week Low0.67
Performance
1 Week0%
2 Weeks0%
1 Month3.9%
3 Month-8.05%
6 Month-5.88%
12 Month-49.69%
2 Year-78.72%
3 Year-86.01%
5 Year-88.81%
10 Year-95%
15 Year-92.31%
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)47.96
LBB0.77
UBB0.85
CANFOR PULP PRODUCTS INC / CFX Daily stock chart

CANFOR PULP PRODUCTS INC

TSX:CFX (2/18/2025, 7:00:00 PM)

0.78

-0.02 (-2.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg-2.5%
1 Week0%
2 Weeks0%
1 Month3.9%
3 Month-8.05%
6 Month-5.88%
12 Month-49.69%
2 Year-78.72%
3 Year-86.01%
5 Year-88.81%
10 Year-95%
15 Year-92.31%
Volatility
ATR(14)0.04
ATR(20)%5.25%
ATR Inc-65.57%
Range Today0.01
ADR(20)0.03
ADR(20)%4.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.29
Mansfield-3.63
10 Day High0.83
10 Day Low0.72
20 Day High0.88
20 Day Low0.72
52 Week High1.77
52 Week Low0.67
CS1 End0.79
CR1 Start0.8
Volume & EV
DER(3)17.51%
DER(5)25.5%
Volume7.80K
Volume Incr-37.39%
Vol(5)7.97K
Vol(50)25.86K