Technical Analysis for WFG - West Fraser Timber CO Ltd

Grade Last Price % Change Price Change
C 108.600 -0.88% -0.960
WFG closed up 3.06 percent on Wednesday, May 8, 2024, on 85 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Up

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish -0.88%
Bollinger Band Squeeze Range Contraction -0.88%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 2.15%
Bollinger Band Squeeze Range Contraction 2.15%
Inside Day Range Contraction 2.15%
20 DMA Resistance Bearish 1.50%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 1.50%
MACD Bullish Signal Line Cross Bullish 1.50%
Bollinger Band Squeeze Range Contraction 1.50%
Outside Day Range Expansion 1.50%

   Recent Intraday Alerts

Alert Time
Down 1% about 5 hours ago
Rose Above Previous Day's High about 7 hours ago
Up 1 ATR 1 day ago
Up 2% 1 day ago
Rose Above Previous Day's High 1 day ago

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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: Wood Paper Forestry Natural Resources Printing Pulp Wood Products Energy Products Paper Products Softwood Papermaking Pulp And Paper Industry Wood Chips Kraft Paper Northern Bleached Softwood Kraft Tissue Products

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 121.64
52 Week Low 88.61
Average Volume 211,652
200-Day Moving Average 105.343
50-Day Moving Average 110.534
20-Day Moving Average 107.505
10-Day Moving Average 106.900
Average True Range 2.824
RSI (14) 53.70
ADX 12.79
+DI 22.316
-DI 21.444
Chandelier Exit (Long, 3 ATRs) 105.917
Chandelier Exit (Short, 3 ATRs) 111.973
Upper Bollinger Bands 110.394
Lower Bollinger Band 104.616
Percent B (%b) 0.86
BandWidth 5.375
MACD Line -0.956
MACD Signal Line -1.220
MACD Histogram 0.264
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 115.065
Resistance 3 (R3) 114.473 112.047 114.148
Resistance 2 (R2) 112.047 110.645 112.343 113.841
Resistance 1 (R1) 110.803 109.779 111.425 111.395 113.536
Pivot Point 108.377 108.377 108.688 108.673 108.377
Support 1 (S1) 107.133 106.975 107.755 107.725 105.584
Support 2 (S2) 104.707 106.109 105.003 105.279
Support 3 (S3) 103.463 104.707 104.973
Support 4 (S4) 104.055