Technical Analysis for WFG - West Fraser Timber CO Ltd

Grade Last Price % Change Price Change
D 106.390 -1.28% -1.380
WFG closed up 0.31 percent on Thursday, April 18, 2024, on 1.27 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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: Apr 23
*** please verify all earnings dates ***
2 Watchers
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
NR7 Range Contraction -1.28%
NR7-2 Range Contraction -1.28%
Oversold Stochastic Weakness -1.28%
Stochastic Buy Signal Bullish -0.98%
NR7 Range Contraction -0.98%
Gapped Up Strength -0.98%
Down 3 Days in a Row Weakness -0.98%
Down 4 Days in a Row Weakness -0.98%
Oversold Stochastic Weakness -0.98%
200 DMA Support Bullish -1.22%

   Recent Intraday Alerts

Alert Time
200 DMA Support about 3 hours ago
Down 2% about 3 hours ago
Fell Below Previous Day's Low about 6 hours ago
Outside Day about 6 hours ago
Down 1% about 6 hours ago

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Profile

West Fraser Timber CO Ltd Description

West Fraser Timber Co. Ltd., a diversified wood products company, produces and sells lumber, panels, and pulp and papers in western Canada and the southern United States. It offers spruce-pine-fir, Douglas Fir-Larch, Hem-Fir tree, and southern yellow pine lumber; treated wood products; and newsprint, wood chips, and other residuals and energy products. The company also provides medium density fiberboard panels and plywood; laminated veneer lumber wood products; and northern bleached softwood Kraft pulp used to produce various paper products, including printing and writing papers, specialty grades, and various tissue products. In addition, it offers bleached chemical thermo-mechanical pulp that is used to produce coated board grades, printing and writing paper, and paper towel/napkin grades, as well as specialty papers and tissue grades. The company exports lumber to the Far East, Asia, the Caribbean, Europe, the Middle East, and South America. West Fraser Timber Co. Ltd. was founded in 1955 and is based in Vancouver, Canada.


Classification

Sector: Basic Materials
Industry: Lumber & Wood Production
Keywords: Wood Paper Forestry Natural Resources Printing Pulp Wood Products Energy Products Paper Products Softwood Papermaking Pulp And Paper Industry Wood Chips Kraft Paper Northern Bleached Softwood Kraft Tissue Products

Is WFG 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 121.64
52 Week Low 88.61
Average Volume 201,197
200-Day Moving Average 105.887
50-Day Moving Average 110.114
20-Day Moving Average 113.055
10-Day Moving Average 109.688
Average True Range 3.020
RSI (14) 40.83
ADX 17.97
+DI 16.178
-DI 23.366
Chandelier Exit (Long, 3 ATRs) 112.581
Chandelier Exit (Short, 3 ATRs) 114.469
Upper Bollinger Bands 121.095
Lower Bollinger Band 105.014
Percent B (%b) 0.17
BandWidth 14.225
MACD Line -1.013
MACD Signal Line -0.131
MACD Histogram -0.8822
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 110.688
Resistance 3 (R3) 110.647 109.633 110.201
Resistance 2 (R2) 109.633 108.890 109.654 110.039
Resistance 1 (R1) 108.702 108.431 108.195 108.743 109.877
Pivot Point 107.688 107.688 107.435 107.709 107.688
Support 1 (S1) 106.757 106.945 106.250 106.798 105.663
Support 2 (S2) 105.743 106.486 105.764 105.501
Support 3 (S3) 104.812 105.743 105.339
Support 4 (S4) 104.853