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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Western Forest Products Inc (TSE:WEF)
Long-Term Downtrend (-90) - WEF is in a strong downtrend that is likely to continue. While WEF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid WEF?
MarketClub looks at technical strength and momentum to determine if the timing is right for WEF.
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 WEF
The long-term trend has been DOWN since Mar 16th, 2023 at 1.08
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 0.57
The short-term trend has been DOWN since Mar 28th, 2024 at 0.62
Smart Scan Analysis for WEF
Based on our trend formula, WEF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.52 | 0.53 | 0.51 | 0.52 | -0.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.54 | 555231 | 2024-05-09 14:10:48 |
| Year High | 2.95 | Year High Date | 2018-05-22 |
| Year Low | 1.74 | Year Low Date | 2018-10-31 |
| 52wk High | 2.95 | 52wk High Date | 2018-05-22 |
| 52wk Low | 1.74 | 52wk Low Date | 2018-10-31 |
| Year End Close | 1.31 | Average Volume | 727,024 |
| Volatility | 55.88 | Payment Date | 2019-06-14 |