West Fraser Timber's 15min chart triggered KDJ Golden Cross, Bullish Marubozu signal.

West Fraser Timber's 15-minute chart has recently exhibited a notable technical indicator, the KDJ Golden Cross, which occurred on August 21, 2025 at 10:15. This crossover suggests a shift in momentum towards a bullish direction, potentially leading to further price appreciation. The presence of a Bullish Marubozu, characterized by a strong buying interest, reinforces the notion that buyers are in control of the market. Consequently, it is likely that the bullish momentum will persist.

West Fraser Timber Co. Ltd. (NYSE:WFG), a diversified wood products company, has recently exhibited notable technical indicators suggesting a shift towards bullish momentum. On August 21, 2025, at 10:15, the 15-minute chart of West Fraser Timber showed a KDJ Golden Cross, a crossover that typically signals a shift in momentum towards a bullish direction. This crossover was accompanied by the presence of a Bullish Marubozu, characterized by a strong buying interest, further reinforcing the notion that buyers are in control of the market.

The KDJ Golden Cross, a combination of the Kijun Sen, Tenkan Sen, and Chikou Span indicators, suggests that the momentum is turning bullish. This crossover, along with the Bullish Marubozu, indicates that the price is likely to appreciate further. The Bullish Marubozu, with its long white candle and no wicks, signifies a strong buying pressure, which is a positive signal for the stock's performance.

Despite the recent challenges faced by West Fraser Timber, such as inventory write-downs and slowing demand for its wood-based building products in the second quarter of 2025, the technical indicators suggest a potential recovery. TD Securities analyst Sean Steuart recently reduced the firm's price target from $98 to $96 while maintaining a Buy rating [1]. The analyst described the company's Q2 2025 report as "noisy" but still considered West Fraser Timber a top pick in its sector.

Investors and financial professionals should closely monitor West Fraser Timber's stock price and other technical indicators to assess the potential impact of these signals. The bullish momentum suggested by the KDJ Golden Cross and Bullish Marubozu could lead to further price appreciation, making it a compelling stock to watch for those in the wood products sector.

References:
[1] https://finance.yahoo.com/news/td-securities-lower-west-fraser-042217743.html