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Stock Trend Analysis Report

Prepared for you on Monday, June 17, 2024.

Canfor Corp (TSE:CFP)

Bear Market Rally (-75) - CFP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CFP as it may be in the beginning of a reversal.

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.

TSE_CFP
Open High Low CFP Price Change
14.89 14.89 14.78 14.86 -0.03
Entry Signal

MarketClub’s Trade Triangles for CFP

long term down The long-term trend has been DOWN since Apr 22nd, 2024 at 14.24

intermediate term down The intermediate-term trend has been DOWN since Jun 11th, 2024 at 14.73

short term up The short-term trend has been UP since Jun 12th, 2024 at 15.12

Smart Scan Analysis for CFP

Based on our trend formula, CFP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for CFP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.89 14.89 14.78 14.86 -0.03
Prev. Close Volume Bid Ask Time
14.89 59662 2024-06-17 13:29:50
Year High34.04Year High Date2018-06-07
Year Low16.71Year Low Date2018-11-15
52wk High34.0452wk High Date2018-06-07
52wk Low16.7152wk Low Date2018-11-15
Year End Close16.58Average Volume629,005
Volatility60.93
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