Technical Analysis for WFG - West Fraser Timber Co. Ltd

Grade Last Price % Change Price Change
C 81.23 -0.26% -0.21
WFG closed down 0.26 percent on Friday, May 17, 2024, on 89 percent of normal volume. It was able to find support at its 50 day moving average. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
50 DMA Support Bullish 0.00%
MACD Bullish Centerline Cross Bullish 0.00%
Upper Bollinger Band Walk Strength 0.00%
BB Squeeze Ended Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
50 DMA Support Bullish -0.26%
Bollinger Band Squeeze Range Contraction -0.26%
Stochastic Reached Overbought Strength -0.26%
Upper Bollinger Band Walk Strength -0.26%

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

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 89.57
52 Week Low 63.6565
Average Volume 160,585
200-Day Moving Average 77.09
50-Day Moving Average 80.96
20-Day Moving Average 78.78
10-Day Moving Average 79.53
Average True Range 1.97
RSI (14) 57.26
ADX 14.58
+DI 25.98
-DI 16.95
Chandelier Exit (Long, 3 ATRs) 76.70
Chandelier Exit (Short, 3 ATRs) 81.37
Upper Bollinger Bands 81.58
Lower Bollinger Band 75.98
Percent B (%b) 0.94
BandWidth 7.11
MACD Line 0.12
MACD Signal Line -0.41
MACD Histogram 0.5335
Fundamentals Value
Market Cap 6.6 Billion
Num Shares 81.3 Million
EPS -0.45
Price-to-Earnings (P/E) Ratio -180.51
Price-to-Sales 0.99
Price-to-Book 0.87
Dividend 1.20
Dividend Yield 1.48%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 83.05
Resistance 3 (R3) 83.02 82.39 82.74
Resistance 2 (R2) 82.39 81.93 82.40 82.64
Resistance 1 (R1) 81.81 81.64 81.50 81.84 82.54
Pivot Point 81.18 81.18 81.02 81.19 81.18
Support 1 (S1) 80.60 80.72 80.29 80.63 79.92
Support 2 (S2) 79.97 80.43 79.98 79.82
Support 3 (S3) 79.39 79.97 79.72
Support 4 (S4) 79.42