West Fraser Timber's KDJ Golden Cross & Bullish Marubozu Signal Strong Buying Pressure

West Fraser Timber's 15-minute chart recently exhibited a notable trend reversal, as indicated by the KDJ Golden Cross and Bullish Marubozu pattern observed on August 19, 2022 at 15:00. This suggests a significant shift in the momentum of the stock price, pointing towards an upward trajectory with potential for further growth. As the buyers regain control of the market, it is likely that bullish momentum will continue, underscoring the stock's positive prospects.

West Fraser Timber (WFT) has recently experienced a notable shift in its stock price trajectory, as indicated by the KDJ Golden Cross and Bullish Marubozu pattern observed on August 19, 2022, at 15:00. This trend reversal suggests a significant change in the momentum of the stock price, pointing towards an upward trajectory with potential for further growth. The buyers have regained control of the market, underscoring the stock's positive prospects.

The KDJ Golden Cross is a technical indicator that signals a shift from bearish to bullish momentum. When the KDJ line crosses above the signal line, it indicates a potential reversal in the stock's trend. The Bullish Marubozu pattern, which consists of a large white candle with no wick at the top or bottom, further reinforces this bullish signal. This pattern suggests that the stock price has strong buying pressure and is likely to continue its upward movement [1].

WFT's recent performance has been marked by a decline in stock price, with a significant drop of -2.16% from $98.36 to $96.24 on August 8, 2025 [1]. However, the technical indicators suggest that the stock may be entering a period of growth. The predicted fair opening price on August 9, 2025, is $96.89, indicating a potential continued upward trend [1].

Investors should be cautious, as WFT is currently within a falling trend and holds several negative signals. The stock is a Strong Sell Candidate, with a negative evaluation based on the technical picture [1]. However, the recent technical indicators suggest that the stock may be poised for a significant rebound.

West Fraser Timber is also facing a prolonged period of consolidation under the Adhishthana Principles, with both its weekly and monthly structures pointing to a no-action zone. This phase is set to last until late 2029, suggesting a multi-year period of limited upside potential [2].

References:
[1] https://www.ainvest.com/news/west-fraser-timber-15min-chart-shows-kdj-death-cross-bearish-marubozu-2507/
[2] https://www.benzinga.com/markets/equities/25/07/46723495/west-fraser-timber-stock-may-face-prolonged-weakness-ahead