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Stock Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
Canfor Corp (TSE:CFP)
Long-Term Downtrend (-90) - CFP is in a strong downtrend that is likely to continue. While CFP 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 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 Sep 7th, 2023 at 18.74
The intermediate-term trend has been DOWN since Dec 8th, 2023 at 15.31
The short-term trend has been DOWN since Nov 29th, 2023 at 17.30
Smart Scan Analysis for CFP
Based on our trend formula, CFP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15.60 | 15.80 | 15.26 | 15.57 | -0.22 |
| Prev. Close | Volume | Bid | Ask | Time |
| 15.55 | 229074 | 2023-12-08 15:59:10 |
| 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 |