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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.

Open High Low CFP Price Change
15.60 15.80 15.26 15.57 -0.22
Entry Signal

MarketClub’s Trade Triangles for CFP

long term down The long-term trend has been DOWN since Sep 7th, 2023 at 18.74

intermediate term down The intermediate-term trend has been DOWN since Dec 8th, 2023 at 15.31

short term down 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).

Smart Scan Analysis for CFP
Strong Downtrend Sideways 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 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
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