WESTERN FOREST PRODUCTS INC (WEF.CA) Stock Technical Analysis
Canada - TSX:WEF - CA9582117086 - Common Stock
12.06 CAD
-0.21 (-1.71%)
Overall WEF gets a technical rating of 0 out of 10. 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.
90% of all other stocks performed better in the past year than WEF.
WEF 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.
In the last month WEF has a been trading in the 11.86 - 13.65 range, which is quite wide. It is currently trading near the lows of this range.
Warning: WEF has an average volume of 28544 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
WEF is part of the Paper & Forest Products industry. There are 12 other stocks in this industry, WEF did better than 45% of them.
The technical rating of WEF 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
11.73
13.80
When analyzing the support we notice one important area.
- A support zone ranging from 11.85 to 11.90. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 12.12 to 12.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.20 to 13.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 13.65 to 13.66. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for WEF.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WEF.CA is down. |
| ChartMill Relative Strength | 10.3 | NEGATIVE | WEF.CA has a low relative strength, it was outperformed by 89.7% 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) | UP | MIXED | The current price of WEF.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.15 | NEUTRAL | The RSI value for WEF.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests WEF.CA has a negative trend. |
| Stochastics (14,3) | 28.91 | NEUTRAL | The Stochastics value for WEF.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.89 | MEDIUM VOLATILITY | The ATR as a percentage value for WEF.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.1 | NEGATIVE | The low ADX value for WEF.CA suggests a weak or negative 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:WEF (10/10/2025, 7:00:00 PM)
12.06
-0.21 (-1.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg-1.71%
1 Week-1.39%
2 Weeks-2.35%
1 Month-6%
3 Month-0.74%
6 Month0.5%
12 Month-26.91%
2 Year-44.17%
3 Year-67.32%
5 Year-53.26%
10 Year-79.17%
15 Year3.08%
Volatility
ATR(14)0.28
ATR(20)%2.89%
ATR Inc45.46%
Range Today0.41
ADR(20)0.32
ADR(20)%2.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.3
Mansfield-1.29
10 Day High12.59
10 Day Low11.86
20 Day High13.65
20 Day Low11.86
52 Week High16.5
52 Week Low10.8
CS1 End11.9
CR1 Start12.12
Volume & EV
DER(3)58.11%
DER(5)66.56%
Volume60.30K
Volume Incr-22.99%
Vol(5)28.62K
Vol(50)28.54K