WEST FRASER TIMBER CO LTD (WFG.CA) Stock Technical Analysis
Canada - 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.
The technical rating of WFG is bad and it also does not present a quality setup 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.
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81.89
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 93.01 to 95.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 100.39 to 101.67. This zone is formed by a combination of multiple trend lines 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 | 6.91 | NEGATIVE | WFG.CA has a low relative strength, it was outperformed by 93.09% 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) | 28.76 | OVERSOLD | The low RSI value suggests WFG.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.7 | NEGATIVE | The MACD value suggests WFG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.46 | OVERSOLD | The low Stochastics value suggests WFG.CA may be oversold. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for WFG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 39.17 | POSITIVE | The high ADX value value for WFG.CA suggests a strong trend. |
TSX:WFG (11/7/2025, 7:00:00 PM)
82.72
-0.75 (-0.9%)
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 28.7577. This indicates that the stock is currently oversold.
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 resistance level at 93.01. Check the full technical report for our detailed analysis of WFG.CA support and resistance levels.