WEST FRASER TIMBER CO LTD (WFG.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:WFG - CA9528451052 - Common Stock
Taking everything into account, WFG scores 0 out of 10 in our technical rating. 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.
Although the technical rating is bad, WFG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 81.56, a Stop Loss order could be placed below this zone.
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80.53
When analyzing the support we notice one important area.
- A support zone ranging from 81.34 to 81.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 83.24 to 87.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @101.90 from a trend line in the daily time frame.
- A resistance zone ranging from 103.93 to 104.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong resistance @106.68 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 | DOWN | NEGATIVE | The short term trend for WFG.CA is down. |
| ChartMill Relative Strength | 8.89 | NEGATIVE | WFG.CA has a low relative strength, it was outperformed by 91.11% 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) | 43.67 | NEUTRAL | The RSI value for WFG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests WFG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.76 | NEUTRAL | The Stochastics value for WFG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for WFG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.07 | NEGATIVE | The low ADX value for WFG.CA suggests a weak or negative trend. |
TSX:WFG (12/24/2025, 7:00:00 PM)
82.61
-0.07 (-0.08%)
WEST FRASER TIMBER CO LTD / WFG.CA FAQ
What is the ChartMill technical rating of WEST FRASER TIMBER CO LTD (WFG.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to WFG.CA.
What is the trend direction for WFG stock?
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 43.6653. This indicates that the stock is currently neutral.
What is the short term momentum for WEST FRASER TIMBER CO LTD (WFG.CA) stock?
The short term momentum for WEST FRASER TIMBER CO LTD (WFG.CA) is negative.
What are the support and resistance levels for WEST FRASER TIMBER CO LTD (WFG.CA) stock?
WEST FRASER TIMBER CO LTD (WFG.CA) has a support level at 81.56 and a resistance level at 83.24. Check the full technical report for our detailed analysis of WFG.CA support and resistance levels.