Technical Analysis for WEF - Western Forest Products Inc.

Grade Last Price % Change Price Change
C 0.490 -1.01% -0.005
WEF closed down 1.01 percent on Friday, November 1, 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: Nov 5
*** 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 Flat Down

Date Alert Name Type % Chg
MACD Bearish Centerline Cross Bearish 0.00%
Narrow Range Bar Range Contraction 0.00%
Stochastic Reached Oversold Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
20 DMA Resistance Bearish -2.97%
Gapped Up Strength -2.97%
50 DMA Support Bullish -3.92%
Outside Day Range Expansion -3.92%
Gapped Down Weakness -3.92%

   Recent Intraday Alerts

Alert Time
Down 1% about 20 hours ago
Possible Inside Day about 21 hours ago
Possible NR7 about 21 hours ago
Up 1% 1 day ago
Fell Below Previous Day's Low 2 days 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 0.81
52 Week Low 0.405
Average Volume 433,400
200-Day Moving Average 0.529
50-Day Moving Average 0.489
20-Day Moving Average 0.521
10-Day Moving Average 0.502
Average True Range 0.024
RSI (14) 45.95
ADX 17.5
+DI 23.856
-DI 22.704
Chandelier Exit (Long, 3 ATRs) 0.509
Chandelier Exit (Short, 3 ATRs) 0.556
Upper Bollinger Bands 0.567
Lower Bollinger Band 0.474
Percent B (%b) 0.17
BandWidth 17.857
MACD Line -0.001
MACD Signal Line 0.005
MACD Histogram -0.0057
Fundamentals Value
Market Cap 183.85 Million
Num Shares 375 Million
EPS 0.06
Price-to-Earnings (P/E) Ratio 8.60
Price-to-Sales 0.50
Price-to-Book 0.76
PEG Ratio 0.73
Dividend 0.09
Dividend Yield 18.37%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.505
Resistance 3 (R3) 0.507 0.503 0.503
Resistance 2 (R2) 0.503 0.500 0.503 0.502
Resistance 1 (R1) 0.497 0.497 0.495 0.495 0.501
Pivot Point 0.493 0.493 0.493 0.493 0.493
Support 1 (S1) 0.487 0.490 0.485 0.485 0.479
Support 2 (S2) 0.483 0.487 0.483 0.478
Support 3 (S3) 0.477 0.483 0.478
Support 4 (S4) 0.475