Technical Analysis for WFG - West Fraser Timber CO Ltd

Grade Last Price % Change Price Change
C 91.14 -1.30% -1.200
WFG closed down 2.96 percent on Monday, May 17, 2021, on 62 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Down Down
Historical WFG trend table...

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish -1.30%
Down 3 Days in a Row Weakness -1.30%
Down 4 Days in a Row Weakness -1.30%
Down 5 Days in a Row Weakness -1.30%
Oversold Stochastic Weakness -1.30%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -4.22%
NR7 Range Contraction -4.22%
Stochastic Reached Oversold Weakness -4.22%
Down 3 Days in a Row Weakness -4.22%
Down 4 Days in a Row Weakness -4.22%
Older End-of-Day Signals for WFG ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Lower Bollinger Band Support about 3 hours ago
Fell Below Previous Day's Low about 3 hours ago
Down 2% about 3 hours ago
Down 1% about 3 hours ago
Fell Below Lower Bollinger Band about 3 hours ago
View Earlier Intraday Alerts

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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 Natural Resources Printing Pulp Wood Products Forestry Energy Products Softwood Papermaking Tissue Products Wood Chips Pulp And Paper Industry Northern Bleached Softwood Kraft Paper Products Kraft Paper Newsprint

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 110.81
52 Week Low 77.32
Average Volume 996,059
200-Day Moving Average 0.000
50-Day Moving Average 93.491
20-Day Moving Average 98.742
10-Day Moving Average 100.279
Average True Range 4.271
ADX 20.93
+DI 23.238
-DI 27.446
Chandelier Exit (Long, 3 ATRs ) 97.998
Chandelier Exit (Short, 3 ATRs ) 104.342
Upper Bollinger Band 106.379
Lower Bollinger Band 91.106
Percent B (%b) 0.08
BandWidth 15.468
MACD Line 0.373
MACD Signal Line 1.639
MACD Histogram -1.2661
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 100.545
Resistance 3 (R3) 101.187 99.093 99.178
Resistance 2 (R2) 99.093 97.004 98.773 98.721
Resistance 1 (R1) 95.717 95.713 94.670 95.075 98.266
Pivot Point 93.623 93.623 93.100 93.303 93.623
Support 1 (S1) 90.247 91.534 89.200 89.605 86.414
Support 2 (S2) 88.153 90.243 87.833 85.959
Support 3 (S3) 84.777 88.153 85.503
Support 4 (S4) 84.135