West Fraser Timber (WFG, $75.88) price may drop as it broke higher Bollinger Band on May 12, 2025

#ForestProducts, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MidCap
WFG - West Fraser Timber Co Ltd
Bollinger signal
Bearish Trend
73%
Odds of DOWN Trend
Price: $75.88
Daily change: +$1.34 (+1.8%)
Daily volume: 241.9K
Industry: Forest Products

This price move could be a signal that WFG may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 52 similar cases where WFG's price broke its higher Bollinger Band, and 38 of them led to a successful outcome. Odds of Success: 73%.