Stock Trend Analysis Report
Prepared for you on Wednesday, January 20, 2021.
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 UP since Jul 2nd, 2020 at 48.63
The intermediate-term trend has been DOWN since Jan 4th, 2021 at 80.33
The short-term trend has been UP since Jan 19th, 2021 at 77.62
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|