WEST FRASER TIMBER CO LTD (WFG.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:WFG - CA9528451052 - Common Stock
Overall WFG gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. WFG was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, WFG is a bad performer in the overall market: 87% of all stocks are doing better.
- WFG is part of the Paper & Forest Products industry. There are 12 other stocks in this industry, of which 72% are performing better than WFG.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month WFG has a been trading in the 82.00 - 99.38 range, which is quite wide. It is currently trading near the high of this range.
- WFG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WFG is lagging the market.
WFG has an average technical rating and the quality of the presented setup is also not ideal 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
80.55
2 important support areas can be observed.
- Support @85.23 from a horizontal line in the daily time frame.
- Support @81.36 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @98.82 from a horizontal line in the daily time frame.
- A resistance zone ranging from 103.93 to 106.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 WFG.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WFG.CA is up. |
| ChartMill Relative Strength | 13 | NEGATIVE | WFG.CA has a low relative strength, it was outperformed by 87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WFG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WFG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of WFG.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 74.79 | OVERBOUGHT | The high RSI value suggests WFG.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.84 | POSITIVE | The MACD value suggests WFG.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.74 | OVERBOUGHT | The high Stochastics value suggests WFG.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for WFG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.21 | POSITIVE | The high ADX value value for WFG.CA suggests a strong trend. |
TSX:WFG (1/23/2026, 7:00:00 PM)
98.81
+0.7 (+0.71%)
WEST FRASER TIMBER CO LTD / WFG.CA FAQ
What is the technical rating for WFG stock?
ChartMill assigns a technical rating of 5 / 10 to WFG.CA.
Can you provide the trend direction for WEST FRASER TIMBER CO LTD?
The current trend direction for WEST FRASER TIMBER CO LTD (WFG.CA) is Bearish.
Can you provide the RSI signal for WEST FRASER TIMBER CO LTD?
WEST FRASER TIMBER CO LTD (WFG.CA) has an RSI value of 74.7949. This indicates that the stock is currently overbought.
What is the MACD signal for WFG stock?
The MACD indicator for WEST FRASER TIMBER CO LTD (WFG.CA) has a value of 0.839527, indicating a bearish trend.