Stock Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Western Forest Products Inc (TSE:WEF)
Sidelines Mode (+55) - WEF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for WEF
The long-term trend has been UP since Jul 27th, 2020 at 0.97
The intermediate-term trend has been UP since Sep 27th, 2021 at 2.25
The short-term trend has been DOWN since Oct 19th, 2021 at 2.32
Smart Scan Analysis for WEF
Based on our trend formula, WEF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|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|