WESTERN FOREST PRODUCTS INC (WEF.CA) Stock Technical Analysis
Canada - TSX:WEF - CA9582117086 - Common Stock
We assign a technical rating of 0 out of 10 to WEF. WEF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
WEF has a poor technical rating and the quality of the setup is also only medium 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.
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10.97
When analyzing the support we notice one important area.
- A support zone ranging from 11.08 to 11.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 11.97 to 12.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.53 to 12.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 13.14 to 13.35. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @13.65 from a horizontal line in the daily time frame.
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 WEF.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WEF.CA is down. |
| ChartMill Relative Strength | 12.74 | NEGATIVE | WEF.CA has a low relative strength, it was outperformed by 87.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WEF.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WEF.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WEF.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.28 | NEUTRAL | The RSI value for WEF.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests WEF.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.62 | OVERSOLD | The low Stochastics value suggests WEF.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for WEF.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.29 | POSITIVE | The high ADX value value for WEF.CA suggests a strong trend. |
TSX:WEF (11/14/2025, 7:00:00 PM)
11.12
-0.01 (-0.09%)
WESTERN FOREST PRODUCTS INC / WEF.CA FAQ
What is the technical rating for WEF stock?
ChartMill assigns a technical rating of 0 / 10 to WEF.CA.
Can you provide the trend direction for WESTERN FOREST PRODUCTS INC?
The current trend direction for WESTERN FOREST PRODUCTS INC (WEF.CA) is Bearish.
Can you provide the RSI signal for WESTERN FOREST PRODUCTS INC?
WESTERN FOREST PRODUCTS INC (WEF.CA) has an RSI value of 32.2845. This indicates that the stock is currently neutral.
What is the MACD signal for WESTERN FOREST PRODUCTS INC (WEF.CA) stock?
The MACD indicator for WESTERN FOREST PRODUCTS INC (WEF.CA) has a value of -0.0456469, indicating a bearish trend.
What is the short term momentum for WEF stock?
The short term momentum for WESTERN FOREST PRODUCTS INC (WEF.CA) is negative.