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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
West Fraser Timber Co. Ltd (TSE:WFG)
Bull Market Weakness (+75) - WFG is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on WFG as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid WFG?
MarketClub looks at technical strength and momentum to determine if the timing is right for WFG.
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 WFG
The long-term trend has been UP since Dec 4th, 2023 at 107.92
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 108.50
The short-term trend has been UP since May 3rd, 2024 at 107.85
Smart Scan Analysis for WFG
Based on our trend formula, WFG is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 105.950 | 109.620 | 105.950 | 109.405 | +3.095 |
| Prev. Close | Volume | Bid | Ask | Time |
| 106.310 | 149273 | 2024-05-08 15:59:35 |