WESTERN FOREST PRODUCTS INC (WEF.CA) Technical Analysis
TSX:WEF • CA9582117086
Current stock price
14.65 CAD
+0.26 (+1.81%)
Last:
WEF.CA Technical Rating and Analysis
Overall WEF gets a technical rating of 5 out of 10. WEF has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- WEF is part of the Paper & Forest Products industry. There are 12 other stocks in this industry. WEF outperforms 100% of them.
- In the last month WEF has a been trading in the 11.98 - 14.84 range, which is quite wide. It is currently trading near the high of this range.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the yearly performance of all stocks, we notice that WEF is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- WEF is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WEF is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
WEF.CA Weekly and Daily overview Charts
WEF.CA Setup Rating and Analysis
WEF has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
WEF.CA Support and Resistance Analysis
12.34
16.34
We found 1 important support area.
- A support zone ranging from 12.46 to 12.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @14.66 from a horizontal line in the daily time frame.
- A resistance zone ranging from 16.08 to 16.18. This zone is formed by a combination of multiple trend lines in the weekly time frame.
WEF.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 WEF.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WEF.CA is neutral. |
| ChartMill Relative Strength | 72.84 | POSITIVE | WEF.CA has a high relative strength, it outperformed 72.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WEF.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WEF.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WEF.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.57 | NEUTRAL | The RSI value for WEF.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests WEF.CA has a positive trend. |
| Stochastics (14,3) | 74.73 | NEUTRAL | The Stochastics value for WEF.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.09 | MEDIUM VOLATILITY | The ATR as a percentage value for WEF.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.34 | NEUTRAL | The ADX value for WEF.CA suggests a possible start of a new trend. |
WEF.CA Chart- and CandleStick Pattern Analysis
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)
WEF.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:WEF (3/26/2026, 7:00:00 PM)
14.65
+0.26 (+1.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg1.81%
1 Week18.62%
2 Weeks9.33%
1 Month3.61%
3 Month37.04%
6 Month18.62%
12 Month13.57%
2 Year-22.49%
3 Year-56.4%
5 Year-73.02%
10 Year-78.86%
15 Year-58.96%
Volatility
ATR(14)0.61
ATR(20)%4.09%
ATR Inc129.74%
Range Today0.42
ADR(20)0.59
ADR(20)%4.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.84
3 months CRS90.27
6 months CRS76.08
Mansfield1.59
10 Day High14.84
10 Day Low11.98
20 Day High14.84
20 Day Low11.98
52 Week High17.28
52 Week Low10.16
CS1 End12.51
CR1 Start14.66
Volume & EV
DER(3)-17.93%
DER(5)-19.74%
Volume32.04K
Volume Incr-9.44%
Vol(5)41.35K
Vol(50)47.92K
WESTERN FOREST PRODUCTS INC / WEF.CA TA FAQ
What is the technical rating for WEF stock?
ChartMill assigns a technical rating of 5 / 10 to WEF.CA.
What is the current trend direction of WESTERN FOREST PRODUCTS INC (WEF.CA) stock?
The current trend direction for WESTERN FOREST PRODUCTS INC (WEF.CA) is Bearish.
What is the RSI signal for WESTERN FOREST PRODUCTS INC (WEF.CA) stock?
WESTERN FOREST PRODUCTS INC (WEF.CA) has an RSI value of 61.5707. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WESTERN FOREST PRODUCTS INC?
The MACD indicator for WESTERN FOREST PRODUCTS INC (WEF.CA) has a value of 0.140556, indicating a bearish trend.