Technical Analysis for CFP - Canfor Corporation

Grade Last Price % Change Price Change
B 17.040 -1.56% -0.270
CFP closed down 1.56 percent on Friday, November 22, 2024, on 43 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Bollinger Band Squeeze Range Contraction -1.56%
NR7 Range Contraction -1.56%
20 DMA Support Bullish -0.41%
Bollinger Band Squeeze Range Contraction -0.41%
BB Squeeze Started Range Contraction -0.41%
20 DMA Support Bullish -0.53%

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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 13.53
Average Volume 246,749
200-Day Moving Average 15.647
50-Day Moving Average 16.876
20-Day Moving Average 17.012
10-Day Moving Average 17.136
Average True Range 0.527
RSI (14) 50.98
ADX 18.16
+DI 20.936
-DI 16.856
Chandelier Exit (Long, 3 ATRs) 16.551
Chandelier Exit (Short, 3 ATRs) 17.790
Upper Bollinger Bands 17.438
Lower Bollinger Band 16.586
Percent B (%b) 0.53
BandWidth 5.008
MACD Line 0.111
MACD Signal Line 0.123
MACD Histogram -0.0124
Fundamentals Value
Market Cap 2.13 Billion
Num Shares 125 Million
EPS 1.36
Price-to-Earnings (P/E) Ratio 12.58
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) 17.535
Resistance 3 (R3) 17.567 17.433 17.453
Resistance 2 (R2) 17.433 17.307 17.418 17.425
Resistance 1 (R1) 17.237 17.229 17.170 17.205 17.397
Pivot Point 17.103 17.103 17.070 17.088 17.103
Support 1 (S1) 16.907 16.977 16.840 16.875 16.683
Support 2 (S2) 16.773 16.899 16.758 16.655
Support 3 (S3) 16.577 16.773 16.628
Support 4 (S4) 16.545