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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Canfor Corp (TSE:CFP)
Crossroads (+60) - CFP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CFP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CFP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CFP
The long-term trend has been DOWN since Apr 22nd, 2024 at 14.24
The intermediate-term trend has been UP since May 9th, 2024 at 15.46
The short-term trend has been UP since Apr 30th, 2024 at 14.39
Smart Scan Analysis for CFP
Based on our trend formula, CFP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15.44 | 15.49 | 15.27 | 15.27 | -0.14 |
| Prev. Close | Volume | Bid | Ask | Time |
| 15.41 | 19285 | 2024-05-09 10:02:14 |
| Year High | 34.04 | Year High Date | 2018-06-07 |
| Year Low | 16.71 | Year Low Date | 2018-11-15 |
| 52wk High | 34.04 | 52wk High Date | 2018-06-07 |
| 52wk Low | 16.71 | 52wk Low Date | 2018-11-15 |
| Year End Close | 16.58 | Average Volume | 629,005 |
| Volatility | 60.93 |