Stock Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
West Fraser Timber Co Ltd (TSE:WFT)
Sidelines Mode (+55) - WFT 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 WFT?
MarketClub looks at technical strength and momentum to determine if the timing is right for WFT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for WFT
The long-term trend has been DOWN since Feb 28th, 2020 at 51.56
The intermediate-term trend has been UP since Apr 13th, 2020 at 32.74
The short-term trend has been DOWN since May 29th, 2020 at 36.90
Smart Scan Analysis for WFT
Based on our trend formula, WFT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||97.99||Year High Date||2018-06-07|
|Year Low||60.44||Year Low Date||2018-10-18|
|52wk High||97.99||52wk High Date||2018-06-07|
|52wk Low||60.44||52wk Low Date||2018-10-18|
|Year End Close||70.05||Average Volume||455,540|