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West Fraser Timber Co. Ltd.

WFG Technical Analysis Summary (NYSE)

Analyze WFG on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

WFG●NYSE
Basic MaterialsPaper, Lumber & Forest Products
$69.66
$0.34(0.49%)
U.S. Market opens in 11h 35m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

WFG Technical Analysis Summary (NYSE)

West Fraser Timber Co. Ltd. (NYSE: WFG) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 59.33)
Trend Strength:Weak (ADX: 19.06)
Volatility:Medium (ATR: 2.04)
Support/Resistance:$61.73 – $70.76 (Bollinger Bands)

Technical conditions suggest West Fraser Timber Co. Ltd. on the NYSE is awaiting a decisive move. This mix signals that West Fraser Timber Co. Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 59.33

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 91.09

Bearish
Overbought levels may trigger pullback.

Williams %R: -11.66

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 9.74

Strongly Bullish
Strong upside momentum.

Takeaway:West Fraser Timber Co. Ltd. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.16

Bullish
Bullish, trend momentum is strengthening.

ADX: 19.06

Weak
Weak trend, market trading sideways.

ATR (14): 2.04

Medium
Medium volatility, healthy price movement.

CCI (14): 113.21

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:West Fraser Timber Co. Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$70.76
Middle Band (SMA 20)
$66.25
Lower Band
$61.73
Current Position
Within Bands

Takeaway:West Fraser Timber Co. Ltd. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$71.64
Middle Line (EMA 20)
$67.55
Lower Channel
$63.46
Squeeze Status
No Squeeze

Takeaway:West Fraser Timber Co. Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume2.41M
Money Flow Index85.83Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index64.35Bullish, price momentum strongly favors buyers.

Overall Takeaway:WFG shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary
Based on the current technical analysis of West Fraser Timber Co. Ltd. (NYSE: WFG), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Technical indicators for West Fraser Timber Co. Ltd. are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: WFG) Technical Analysis FAQ