Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs

TSE:RFP

Resolute Forest Products (RFP.TO)

29.29
-0.05 (0.17%)
as of Feb 16, 2023, 9:00:00 pm Market Open.
11 watching
0
WATCH
It has not done anything special except to be in the right place at the right time. There was a huge demand pick up for lumber. Lumber has a strong seasonal period. Lumber companies and home builders tend to under-perform starting now. Given the run in this one he would put a trailing stop on it.
COMMENT

Forest products and home builders have done quite well over the last little bit. We are in the seasonal period for forest products and home building until the beginning of February. Charts looks positive. There is no resistance, the next level of resistance is around $20 or so. This is more of a momentum play at this point. From a seasonal perspective, he would look at getting out in early February unless it falls apart in between. Right now, we have strong technical profile, rising and no resistance, and also we’re in the seasonal period for it.

WAIT

Tissue is a popular trade. They have not been highly differentiated in their pulp. It is a wait and see story.

Showing 1 to 3 of 3 entries
  • «
  • 1
  • »

Resolute Forest Products (RFP.TO) Frequently Asked Questions

What is Resolute Forest Products stock symbol?

Resolute Forest Products is a Canadian stock, trading under the symbol RFP.TO (previously RFP-T on Stockchase) on the Toronto Stock Exchange (RFP-CT). It is usually referred to as TSX:RFP or RFP.TO

Is Resolute Forest Products a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on RFP.TO (previously RFP-T on Stockchase) on Stockchase. Read the latest expert commentary for Resolute Forest Products.

Is Resolute Forest Products a good investment or a top pick?

Resolute Forest Products was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Resolute Forest Products.

Why is Resolute Forest Products stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Resolute Forest Products.

Is Resolute Forest Products worth watching?

Resolute Forest Products is followed by 11 investors on Stockchase and is a trending stock that is worth watching.

What is Resolute Forest Products stock price?

On 2023-02-16, Resolute Forest Products (RFP.TO) stock closed at a price of $29.29.