Technical Analysis for CFP - Canfor Corporation

Grade Last Price % Change Price Change
grade B 14.13 4.51% 0.610
CFP closed up 4.51 percent on Friday, July 10, 2020, on 1.64 times normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: Jul 23
*** please verify all earnings dates ***

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical CFP trend table...

Date Alert Name Type % Chg
New Uptrend Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Upper Bollinger Band Walk Strength 0.00%
Wide Bands Range Expansion 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%

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Profile

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.
Energy Manufacturing Wood Products Paper Forestry Wood Timber Industry Papermaking Pulp Wood Chips Northern Bleached Softwood Kraft Pulp And Paper Industry Canfor Paper Products 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 15.99
52 Week Low 6.11
Average Volume 234,082
200-Day Moving Average 12.141
50-Day Moving Average 10.769
20-Day Moving Average 11.820
10-Day Moving Average 12.525
Average True Range 0.632
ADX 25.58
+DI 41.299
-DI 11.825
Chandelier Exit (Long, 3 ATRs ) 12.555
Chandelier Exit (Short, 3 ATRs ) 12.055
Upper Bollinger Band 13.776
Lower Bollinger Band 9.864
Percent B (%b) 1.09
BandWidth 33.090
MACD Line 0.776
MACD Signal Line 0.581
MACD Histogram 0.1951
Fundamentals Value
Market Cap 1.88 Billion
Num Shares 133 Million
EPS 1.78
Price-to-Earnings (P/E) Ratio 7.94
Price-to-Sales 0.76
Price-to-Book 2.11
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 15.345
Resistance 3 (R3) 15.317 14.883 15.143
Resistance 2 (R2) 14.883 14.574 14.898 15.075
Resistance 1 (R1) 14.507 14.383 14.695 14.535 15.007
Pivot Point 14.073 14.073 14.168 14.088 14.073
Support 1 (S1) 13.697 13.764 13.885 13.725 13.253
Support 2 (S2) 13.263 13.573 13.278 13.185
Support 3 (S3) 12.887 13.263 13.118
Support 4 (S4) 12.915