Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
West Fraser Timber Co. Ltd (TSE:WFG)
Sidelines Mode (+55) - WFG 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 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 UP since Dec 4th, 2023 at 107.92
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 108.50
The short-term trend has been UP since Apr 23rd, 2024 at 108.70
Smart Scan Analysis for WFG
Based on our trend formula, WFG is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 112.55 | 112.55 | 106.82 | 107.78 | +0.28 |
| Prev. Close | Volume | Bid | Ask | Time |
| 107.86 | 293343 | 2024-04-24 15:59:56 |