Technical Analysis for WEF - Western Forest Products Inc.

Grade Last Price % Change Price Change
F 0.560 0.00% 0.000
WEF closed unchanged on Thursday, April 18, 2024, on approximately 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.
Earnings due: May 1
*** please verify all earnings dates ***
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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%
Outside Day Range Expansion 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Buy Signal Bullish -3.45%

   Recent Intraday Alerts

Alert Time
10 DMA Resistance about 15 hours ago
Lower Bollinger Band Support about 16 hours ago
Bearish 180 Entry about 16 hours ago
Fell Below Previous Day's Low about 16 hours ago
Outside Day about 16 hours ago

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Profile

Western Forest Products Inc. Description

Western Forest Products Inc. is a softwood forest products company, operating in the coastal region of British Columbia. The Company's primary business includes timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and lumber remanufacturing. The Company's log and lumber products are sold throughout the world. Its business includes the harvesting of timber, reforestation, forest management, the manufacturing and sale of lumber and wood chips, and the sale of logs. Its Lumber by species include hemlock and balsam; douglas fir; yellow and western red cedar. Its Logs include saw logs and pulp logs. Its eight facilities produce a multitude of products from framing material to timbers, decking and siding; components for doors, windows and moldings, and niche products for customers throughout the world. Its other products include Hem-Fir products, such as Green Hem Fir, Kiln-Dried Hem-Fir and Structural Hem-Fir products, and Sitka Spruce products.


Classification

Sector: Basic Materials
Industry: Lumber & Wood Production
Keywords: Manufacturing Dow Wood Door Milling Forestry Pulp Wood Products Lumber Cedar Woodworking Deck Doors Softwood Timber Industry Forest Products Logging Molding Papermaking Siding Wood Chips Lumber Products Forest Management Framing Remanufacturing Sawmill Western Forest Products

Is WEF 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 1.1264
52 Week Low 0.55
Average Volume 310,808
200-Day Moving Average 0.767
50-Day Moving Average 0.612
20-Day Moving Average 0.604
10-Day Moving Average 0.581
Average True Range 0.025
RSI (14) 39.02
ADX 24.23
+DI 11.061
-DI 22.064
Chandelier Exit (Long, 3 ATRs) 0.595
Chandelier Exit (Short, 3 ATRs) 0.625
Upper Bollinger Bands 0.663
Lower Bollinger Band 0.545
Percent B (%b) 0.12
BandWidth 19.494
MACD Line -0.014
MACD Signal Line -0.010
MACD Histogram -0.004
Fundamentals Value
Market Cap 210.11 Million
Num Shares 375 Million
EPS 0.06
Price-to-Earnings (P/E) Ratio 9.82
Price-to-Sales 0.50
Price-to-Book 0.76
PEG Ratio 0.73
Dividend 0.09
Dividend Yield 16.07%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.605
Resistance 3 (R3) 0.607 0.593 0.598
Resistance 2 (R2) 0.593 0.582 0.593 0.595
Resistance 1 (R1) 0.577 0.575 0.570 0.575 0.592
Pivot Point 0.563 0.563 0.560 0.563 0.563
Support 1 (S1) 0.547 0.552 0.540 0.545 0.528
Support 2 (S2) 0.533 0.545 0.533 0.525
Support 3 (S3) 0.517 0.533 0.523
Support 4 (S4) 0.515