WEST FRASER TIMBER CO LTD (WFG.CA) Stock Technical Analysis
TSX:WFG - Toronto Stock Exchange - CA9528451052 - Common Stock - Currency: CAD
Overall WFG gets a technical rating of 0 out of 10. WFG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
77% of all other stocks performed better in the past year than WFG.
WFG is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WFG is lagging the market.
In the last month WFG has a been trading in the 99.72 - 108.40 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
WFG is part of the Paper & Forest Products industry. There are 12 other stocks in this industry, WFG did better than 45% of them.
WFG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 102.75. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 102.37, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for WFG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
99.36
136.81
We found 1 important support area.
- A support zone ranging from 100.36 to 102.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 102.75 to 106.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @135.46 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 WFG.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WFG.CA is neutral. |
| ChartMill Relative Strength | 23.34 | NEGATIVE | WFG.CA has a low relative strength, it was outperformed by 76.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WFG.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WFG.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WFG.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.85 | NEUTRAL | The RSI value for WFG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests WFG.CA has a positive trend. |
| Stochastics (14,3) | 42.71 | NEUTRAL | The Stochastics value for WFG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for WFG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 7.31 | NEGATIVE | The low ADX value for WFG.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:WFG (6/6/2025, 7:00:00 PM)
102.41
-0.89 (-0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg-0.86%
1 Week1.3%
2 Weeks1.84%
1 Month-1.48%
3 Month-8.67%
6 Month-22.93%
12 Month-4.59%
2 Year-10.02%
3 Year3.69%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.95
ATR(20)%2.14%
ATR Inc6.85%
Range Today2.27
ADR(20)2.06
ADR(20)%2.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.34
Mansfield-1.69
10 Day High104.5
10 Day Low99.72
20 Day High108.4
20 Day Low99.72
52 Week High141.27
52 Week Low98.05
CS1 End102.37
CR1 Start102.75
Volume & EV
DER(3)7.52%
DER(5)4.73%
Volume128.26K
Volume Incr15.9%
Vol(5)153.98K
Vol(50)146.94K