WEST FRASER TIMBER CO LTD (WFG)

CA9528451052 - Common Stock

78.67  -0.22 (-0.28%)

After market: 78.67 0 (0%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to WFG. WFG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

WFG is part of the Paper & Forest Products industry. There are 9 other stocks in this industry, of which 75% are performing better than WFG.
WFG is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, WFG outperforms 51% of them, which is more or less in line with the market.
WFG is currently trading in the middle 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 slightly.
Weekly and Daily overview Charts
WFG Weekly chart
WFG Daily chart
Setup Rating and Analysis

7

WFG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 78.33, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

75.26

89.05

We found 1 important support area.

  • A support zone ranging from 76.02 to 78.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 80.38 to 81.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 86.65 to 88.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.81
Mansfield-0.88
10 Day High82.05
10 Day Low76.15
20 Day High86.71
20 Day Low76.15
52 Week High90.17
52 Week Low64.11
Performance
1 Week1.68%
2 Weeks-0.58%
1 Month-8.98%
3 Month-2.91%
6 Month19.85%
12 Month8.71%
2 Year-10.42%
3 Year1.73%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.15
RSI(14)42.2
LBB75.93
UBB82.41
WFG Daily chart

WEST FRASER TIMBER CO LTD

NYSE:WFG (4/26/2024, 7:24:09 PM)

After market: 78.67 0 (0%)

78.67

-0.22 (-0.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg-0.28%
1 Week1.68%
2 Weeks-0.58%
1 Month-8.98%
3 Month-2.91%
6 Month19.85%
12 Month8.71%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.47
ATR(20)%3.06%
ATR Inc
Range Today1.08
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High82.05
10 Day Low76.15
20 Day High86.71
20 Day Low76.15
52 Week High90.17
52 Week Low64.11
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume156.30K
Volume Incr19.18%
Vol(5)224.52K
Vol(50)167.43K