Technical Analysis for WFG - West Fraser Timber Co. Ltd

Grade Last Price % Change Price Change
C 76.65 -2.62% -2.06
WFG closed down 2.62 percent on Monday, May 17, 2021, on 1.6 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Up Down
Historical WFG trend table...

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Multiple of Ten Bearish Other 0.00%
Oversold Stochastic Weakness 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -2.62%
NR7 Range Contraction -2.62%
Stochastic Reached Oversold Weakness -2.62%
Multiple of Ten Bearish Other -2.62%
Oversold Stochastic Weakness -2.62%
20 DMA Resistance Bearish -2.58%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -2.58%
Older End-of-Day Signals for WFG ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 3% about 10 hours ago
60 Minute Opening Range Breakdown about 11 hours ago
Down 2 % about 11 hours ago
2x Volume Pace about 12 hours ago
1.5x Volume Pace about 12 hours ago
View Earlier Intraday Alerts

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Profile

West Fraser Timber Co. Ltd Description

West Fraser Timber Co. Ltd., a diversified wood products company, produces and sells lumber, panels, and pulp and papers in western Canada and the southern United States. It offers spruce-pine-fir, Douglas Fir-Larch, Hem-Fir tree, and southern yellow pine lumber; treated wood products; and newsprint, wood chips, and other residuals and energy products. The company also provides medium density fiberboard panels and plywood; laminated veneer lumber wood products; and northern bleached softwood Kraft pulp used to produce various paper products, including printing and writing papers, specialty grades, and various tissue products. In addition, it offers bleached chemical thermo-mechanical pulp that is used to produce coated board grades, printing and writing paper, and paper towel/napkin grades, as well as specialty papers and tissue grades. The company exports lumber to the Far East, Asia, the Caribbean, Europe, the Middle East, and South America. West Fraser Timber Co. Ltd. was founded in 1955 and is based in Vancouver, Canada.


Classification

Sector: Basic Materials
Industry: Lumber & Wood Production
Keywords: Printing Natural Resources Wood Products Paper Products Forestry Energy Products Paper Pulp Papermaking Tissue Products Wood Pulp And Paper Industry Kraft Paper Newsprint Wood Chips Northern Bleached Softwood Kraft

Is WFG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 91.528
52 Week Low 61.36
Average Volume 319,969
200-Day Moving Average 0.00
50-Day Moving Average 75.25
20-Day Moving Average 80.50
10-Day Moving Average 82.57
Average True Range 3.52
ADX 22.88
+DI 24.87
-DI 26.15
Chandelier Exit (Long, 3 ATRs ) 80.97
Chandelier Exit (Short, 3 ATRs ) 85.67
Upper Bollinger Band 87.27
Lower Bollinger Band 73.72
Percent B (%b) 0.22
BandWidth 16.83
MACD Line 1.02
MACD Signal Line 1.97
MACD Histogram -0.9527
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 83.32
Resistance 3 (R3) 83.77 82.01 82.21
Resistance 2 (R2) 82.01 80.31 81.78 81.83
Resistance 1 (R1) 79.33 79.26 78.45 78.87 81.46
Pivot Point 77.56 77.56 77.12 77.34 77.56
Support 1 (S1) 74.89 75.87 74.00 74.43 71.84
Support 2 (S2) 73.12 74.82 72.89 71.47
Support 3 (S3) 70.44 73.12 71.09
Support 4 (S4) 69.98