WESTERN FOREST PRODUCTS INC (WEF.CA) Stock Technical Analysis
Canada - TSX:WEF - CA9582117086 - Common Stock
Overall WEF gets a technical rating of 0 out of 10. WEF'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 technical rating of WEF is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
10.69
4 important resistance areas can be observed.
- A resistance zone ranging from 12.11 to 12.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.71 from a trend line in the weekly time frame.
- 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 | 11.05 | NEGATIVE | WEF.CA has a low relative strength, it was outperformed by 88.95% 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) | 27.22 | OVERSOLD | The low RSI value suggests WEF.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests WEF.CA has a negative trend. |
| Stochastics (14,3) | 7.07 | OVERSOLD | The low Stochastics value suggests WEF.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for WEF.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.9 | POSITIVE | The high ADX value value for WEF.CA suggests a strong trend. |
TSX:WEF (11/17/2025, 7:00:00 PM)
10.8
-0.32 (-2.88%)
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 27.2241. This indicates that the stock is currently oversold.
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 -0.0579388, 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.