Stock Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
West Fraser Timber Co. Ltd (TSE:WFG)
Long-Term Downtrend (-90) - WFG is in a strong downtrend that is likely to continue. While WFG 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 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.
MarketClub’s Trade Triangles for WFG
The long-term trend has been DOWN since Oct 4th, 2023 at 94.76
The intermediate-term trend has been DOWN since Nov 30th, 2023 at 99.39
The short-term trend has been DOWN since Nov 21st, 2023 at 104.66
Smart Scan Analysis for WFG
Based on our trend formula, WFG is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).