Technical Analysis for CFP - Canfor Corporation

Grade Last Price % Change Price Change
F 14.010 -2.44% -0.350
CFP closed down 2.44 percent on Friday, September 6, 2024, on 76 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Stochastic Buy Signal Bullish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Lower Bollinger Band Walk Weakness -2.44%
Lower Bollinger Band Touch Weakness -2.44%
Oversold Stochastic Weakness -2.44%
Doji - Bullish? Reversal -0.71%
Lower Bollinger Band Walk Weakness -0.71%
Stochastic Reached Oversold Weakness -0.71%

   Recent Intraday Alerts

Alert Time
Fell Below Previous Day's Low 1 day ago
Possible Inside Day 1 day ago
Down 3% 1 day ago
Down 2% 1 day ago
Down 1% 1 day ago

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Profile

Canfor Corporation Description

Canfor Corporation is an integrated forest products company. The Company produces softwood lumber, pulp and paper products, remanufactured lumber products, engineered wood products, wood pellets and energy. Its segments include lumber, and pulp and paper. Its lumber segment includes logging operations, and manufacturing and sale of various grades, widths and lengths of lumber, engineered wood products, wood chips and wood pellets. Its lumber operations also include a finger-joint plant, two glulam plants, a whole-log chipping plant and a trucking division. The Pulp and Paper segment consists of three northern softwood market Kraft pulp mills and the Taylor pulp mill, all of which are owned and operated by Canfor Pulp Products Inc. (CPPI) in British Columbia. Its pulp and paper segment includes purchase of residual fiber, and production and sale of pulp and paper products, including Northern Bleached Softwood Kraft and Bleached Chemi-Thermo Mechanical Pulp, as well as energy revenues.


Classification

Sector: Basic Materials
Industry: Lumber & Wood Production
Keywords: Energy Manufacturing Wood Integrated Paper Truck Forestry Pulp Wood Products Lumber Pulp And Paper Paper Products Softwood Timber Industry Forest Products Logging Papermaking Pulp And Paper Industry Wood Chips Engineered Wood Kraft Paper Lumber Products Northern Bleached Softwood Kraft Canfor The Pulp And Paper

Is CFP 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 19.3
52 Week Low 13.41
Average Volume 204,771
200-Day Moving Average 15.739
50-Day Moving Average 14.652
20-Day Moving Average 14.711
10-Day Moving Average 14.644
Average True Range 0.503
RSI (14) 41.18
ADX 11.32
+DI 16.904
-DI 25.791
Chandelier Exit (Long, 3 ATRs) 13.991
Chandelier Exit (Short, 3 ATRs) 15.379
Upper Bollinger Bands 15.468
Lower Bollinger Band 13.954
Percent B (%b) 0.04
BandWidth 10.297
MACD Line -0.144
MACD Signal Line -0.049
MACD Histogram -0.095
Fundamentals Value
Market Cap 1.75 Billion
Num Shares 125 Million
EPS 1.36
Price-to-Earnings (P/E) Ratio 10.34
Price-to-Sales 0.48
Price-to-Book 1.27
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.805
Resistance 3 (R3) 14.847 14.623 14.673
Resistance 2 (R2) 14.623 14.421 14.603 14.628
Resistance 1 (R1) 14.317 14.296 14.205 14.275 14.584
Pivot Point 14.093 14.093 14.038 14.073 14.093
Support 1 (S1) 13.787 13.891 13.675 13.745 13.436
Support 2 (S2) 13.563 13.766 13.543 13.392
Support 3 (S3) 13.257 13.563 13.348
Support 4 (S4) 13.215