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Western Forest Prod (TSE:WEF)
TSX:WEF

Western Forest Prod (WEF) Technical Analysis

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Summary of all the Indicators

Overall Consensus
Sell
5Bullish
6Neutral
11Bearish
Technical Analysis Consensus
Neutral
2Bullish
6Neutral
2Bearish
Moving Average Consensus
Strong Sell
3Bullish
0Neutral
9Bearish
Western Forest Prod’s (WEF) Moving Averages Convergence Divergence (MACD) indicator is -0.02, suggesting Western Forest Prod is a Sell.
Western Forest Prod’s (WEF) 20-Day exponential moving average is 0.47, while Western Forest Prod’s (WEF) share price is C$0.445, making it a Sell.
Western Forest Prod’s (WEF) 50-Day exponential moving average is 0.50, while Western Forest Prod’s (WEF) share price is C$0.445, making it a Sell.

Western Forest Prod (WEF) Pivot Points

Jul 06, 2024, 06:21 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
0.43
0.43
0.45
0.45
0.47
0.47
0.49
Fibonacci
0.43
0.44
0.45
0.45
0.46
0.47
0.47
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Western Forest Prod (WEF) Moving Averages

Jul 06, 2024, 06:21 PM
Period
Simple
Exponential
MA5
0.46Buy
0.46Buy
MA10
0.46Buy
0.46Sell
MA20
0.48Sell
0.47Sell
MA50
0.50Sell
0.50Sell
MA100
0.55Sell
0.55Sell
MA200
0.64Sell
0.66Sell
Western Forest Prod’s (WEF) 10-Day exponential moving average is 0.46, while Western Forest Prod’s (WEF) share price is C$0.445, making it a Sell.
Western Forest Prod’s (WEF) 100-Day exponential moving average is 0.55, while Western Forest Prod’s (WEF) share price is C$0.445, making it a Sell.
Western Forest Prod’s (WEF) stock price is C$0.445 and Western Forest Prod’s (WEF) 50-day simple moving average is 0.50, creating a Sell signal.
Western Forest Prod’s (WEF) stock price is C$0.445 and Western Forest Prod’s (WEF) 100-day simple moving average is 0.55, creating a Sell signal.
Western Forest Prod’s (WEF) stock price is C$0.445 and Western Forest Prod’s (WEF) 200-day simple moving average is 0.64, creating a Sell signal.

Western Forest Prod (WEF) Technical Indicators

Jul 06, 2024, 06:21 PM
Name
Value
Implied Action
RSI (14)
41.10
Neutral
STOCH (9,6)
22.22
Neutral
STOCHRSI (14)
22.22
Neutral
MACD (12,26)
-0.02
Sell
ADX (14)
27.09
Neutral
Williams %R
-66.67
Buy
CCI (14)
-50.38
Neutral
ATR (14)
0.02
-
Ultimate Oscillator
41.76
Neutral
ROC
-8.00
Sell
Western Forest Prod’s (WEF) Relative Strength Index (RSI) is 41.10, creating a Neutral signal.
Western Forest Prod’s (WEF) Trend Strength Indicator (ADX) is 27.09, creating a Neutral signal.
Western Forest Prod’s (WEF) Commodity Channel Index (CCI) is -50.38, creating a Neutral signal.
Western Forest Prod’s (WEF) Price Rate of Change (ROC) is -8.00, creating a Sell signal.

FAQ

Is WEF a Buy, Hold, or Sell?
Based on WEF’s technical indicators, WEF is a Sell.
    What is WEF’s RSI (14)?
    WEF’s RSI (14) is 41.10, which suggests WEF is a Neutral.
      What is WEF’s MACD?
      WEF’s MACD is -0.02, which suggests WEF is a Sell.
        What is WEF’s 5-day moving average?
        WEF’s 5-day moving average is 0.46, which suggests WEF is a Buy.
          What is WEF’s 20-day moving average?
          WEF 20-day moving average is 0.48, which suggests WEF is a Sell.
            What is WEF’s 50-day moving average?
            WEF’s 50-day moving average is 0.50, which suggests WEF is a Sell.
              What is WEF’s 200-day moving average?
              WEF’s 200-day moving average is 0.64, which suggests WEF is a Sell.
                What is WEF’s Williams % R (14)?
                WEF’s Williams % R (14) is -66.67, which suggests WEF is a Buy.
                  What is WEF’s CCI (14)?
                  WEF’s CCI (14) is -50.38, which suggests WEF is a Neutral.
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