GREENFIRST FOREST PRODUCTS I (GFP.CA) Technical Analysis
TSX:GFP • CA39526C1068
Current stock price
GFP.CA Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to GFP. GFP performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- 91% of all other stocks performed better in the past year than GFP.
- GFP is one of the lesser performing stocks in the Paper & Forest Products industry. 90% of 11 stocks in the same industry do better.
- GFP 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: GFP has an average volume of 5175 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month GFP has a been trading in the 1.87 - 2.45 range, which is quite wide. It is currently trading near the high of this range.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Considerably lower volume is observed in the last couple of days.
GFP.CA Weekly and Daily overview Charts
GFP.CA Setup Rating and Analysis
The technical rating of GFP is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
GFP.CA Support and Resistance Analysis
1.89
2 important support areas can be observed.
- A support zone ranging from 1.96 to 1.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.91 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 2.25 to 2.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.34 from a trend line in the weekly time frame.
- Resistance @2.50 from a trend line in the daily time frame.
- Resistance @2.79 from a horizontal line in the daily time frame.
GFP.CA Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for GFP.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GFP.CA is neutral. |
| ChartMill Relative Strength | 9.11 | NEGATIVE | GFP.CA has a low relative strength, it was outperformed by 90.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GFP.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GFP.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GFP.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.3 | NEUTRAL | The RSI value for GFP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests GFP.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.08 | OVERBOUGHT | The high Stochastics value suggests GFP.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.35 | HIGH VOLATILITY | The high ATR as a percentage value for GFP.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 10.9 | NEGATIVE | The low ADX value for GFP.CA suggests a weak or negative trend. |
GFP.CA Chart- and CandleStick Pattern Analysis
GFP.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:GFP (5/1/2026, 7:00:00 PM)
2.24
-0.01 (-0.44%)
GREENFIRST FOREST PRODUCTS I / GFP.CA TA FAQ
Can you provide the ChartMill technical rating for GREENFIRST FOREST PRODUCTS I?
ChartMill assigns a technical rating of 3 / 10 to GFP.CA.
Can you provide the trend direction for GREENFIRST FOREST PRODUCTS I?
The current trend direction for GREENFIRST FOREST PRODUCTS I (GFP.CA) is Bearish.
What is the RSI signal for GREENFIRST FOREST PRODUCTS I (GFP.CA) stock?
GREENFIRST FOREST PRODUCTS I (GFP.CA) has an RSI value of 56.2994. This indicates that the stock is currently neutral.
What is the MACD signal for GREENFIRST FOREST PRODUCTS I (GFP.CA) stock?
The MACD indicator for GREENFIRST FOREST PRODUCTS I (GFP.CA) has a value of 0.0363218, indicating a bearish trend.
What is the support and resistance level for GFP stock?
GREENFIRST FOREST PRODUCTS I (GFP.CA) has a support level at 1.98 and a resistance level at 2.25. Check the full technical report for our detailed analysis of GFP.CA support and resistance levels.