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 1 out of 10. WFG'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.
Although the technical rating is bad, WFG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 86.61. Right above this resistance zone may be a good entry point.
More info and screens
80.53
When analyzing the support we can see 2 important areas.
- A support zone ranging from 82.72 to 85.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 81.34 to 81.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 86.61 to 86.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 102.42 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 | NEUTRAL | NEUTRAL | The short term trend for WFG.CA is neutral. |
| ChartMill Relative Strength | 7.4 | NEGATIVE | WFG.CA has a low relative strength, it was outperformed by 92.6% 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) | 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) | 51.35 | NEUTRAL | The RSI value for WFG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.77 | POSITIVE | The MACD value suggests WFG.CA has a positive trend. |
| Stochastics (14,3) | 75.8 | NEUTRAL | The Stochastics value for WFG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for WFG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 27.6 | POSITIVE | The high ADX value value for WFG.CA suggests a strong trend. |
TSX:WFG (12/3/2025, 7:00:00 PM)
86.48
+1.29 (+1.51%)
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 1 / 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 51.3499. 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 neutral.
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 85.02 and a resistance level at 86.61. Check the full technical report for our detailed analysis of WFG.CA support and resistance levels.