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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

West Fraser Timber Co. Ltd (TSE:WFG)

Long-Term Uptrend (+90) - WFG is in a strong uptrend that is likely to continue. While WFG is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

TSE_WFG
Open High Low WFG Price Change
119.39 119.60 117.29 117.70 -0.87
Entry Signal

MarketClub’s Trade Triangles for WFG

long term up The long-term trend has been UP since Dec 4th, 2023 at 107.92

intermediate term up The intermediate-term trend has been UP since Feb 28th, 2024 at 110.06

short term up The short-term trend has been UP since Mar 20th, 2024 at 111.38

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).

+90
Smart Scan Analysis for WFG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
119.39 119.60 117.29 117.70 -0.87
Prev. Close Volume Bid Ask Time
117.82 98979 2024-03-27 15:58:20
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