iShares S&P Global Timber & Forestry ETF

WOOD-Q

Analysis and Opinions about WOOD-Q

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
January 22, 2020
These thematic ETFs tend to be much higher in volatility. He defers to more diversified passively managed funds to gain exposure into a broader range of markets. He would stay away.
Show full opinionHide full opinion
These thematic ETFs tend to be much higher in volatility. He defers to more diversified passively managed funds to gain exposure into a broader range of markets. He would stay away.
PAST TOP PICK
PAST TOP PICK
March 2, 2017

(A Top Pick Nov 25/16. Up 9.18%.) Forestry products tend to do well up to the spring home building season, which is right now. What intrigued him about this ETF was West Fraser Timber (WFT-T), the largest constituent in this ETF, which had a reverse head and shoulders pattern suggesting upside potential to about $56, which it hit yesterday. The trend is still higher. He would be looking to take your profits here.

Show full opinionHide full opinion

(A Top Pick Nov 25/16. Up 9.18%.) Forestry products tend to do well up to the spring home building season, which is right now. What intrigued him about this ETF was West Fraser Timber (WFT-T), the largest constituent in this ETF, which had a reverse head and shoulders pattern suggesting upside potential to about $56, which it hit yesterday. The trend is still higher. He would be looking to take your profits here.

TOP PICK
TOP PICK
November 25, 2016

Forestry stocks tend to do well between November all the way through to February. This is the run-up to the spring home building season. There was a bit of chatter of possible litigation with Canadian softwood producers, so he is avoiding that and going with the broad ETF. West Fraser Timber (WFT-T) is the top holding which, between the start of November and the end of April, it has been higher 83% of the time over the past 29 years, with an average gain of about 17%. Technically, West Fraser had a short-term head and shoulders bottoming pattern and it broke out to the upside. He would expect neckline resistance of about $44 would act as support now.

Show full opinionHide full opinion

Forestry stocks tend to do well between November all the way through to February. This is the run-up to the spring home building season. There was a bit of chatter of possible litigation with Canadian softwood producers, so he is avoiding that and going with the broad ETF. West Fraser Timber (WFT-T) is the top holding which, between the start of November and the end of April, it has been higher 83% of the time over the past 29 years, with an average gain of about 17%. Technically, West Fraser had a short-term head and shoulders bottoming pattern and it broke out to the upside. He would expect neckline resistance of about $44 would act as support now.

TOP PICK
TOP PICK
November 17, 2015

Seasonality is from about the middle of October right through until the middle of January. We are in the starting of the period of seasonal strength for the sector right now. Just today, this ETF broke above a nice little trading range. Stock has already established an upward trend and started to outperform the market. Every year at this time companies like Home Depot (HD-N) start to order lumber for the building season in the spring time.

Show full opinionHide full opinion

Seasonality is from about the middle of October right through until the middle of January. We are in the starting of the period of seasonal strength for the sector right now. Just today, this ETF broke above a nice little trading range. Stock has already established an upward trend and started to outperform the market. Every year at this time companies like Home Depot (HD-N) start to order lumber for the building season in the spring time.

DON'T BUY
DON'T BUY
December 30, 2014

This is pretty exotic. Not really just timber and large lumber companies, but includes a lot of packaging, etc. Not one he would be buying and he doesn’t see any reason to be buying it right now.

Show full opinionHide full opinion

This is pretty exotic. Not really just timber and large lumber companies, but includes a lot of packaging, etc. Not one he would be buying and he doesn’t see any reason to be buying it right now.

PAST TOP PICK
PAST TOP PICK
September 15, 2014

*Short* (A Past Pick July 31/14. Down 2%.) Wood tends to climb this time of year, because it is a period of seasonal weakness for the housing market. After he recommended this, it went significantly lower but then it bounced because of a breakout in the price of lumber. Chart is showing a series of highs. This is still looking good, but watch the price of lumber very carefully.

Show full opinionHide full opinion

*Short* (A Past Pick July 31/14. Down 2%.) Wood tends to climb this time of year, because it is a period of seasonal weakness for the housing market. After he recommended this, it went significantly lower but then it bounced because of a breakout in the price of lumber. Chart is showing a series of highs. This is still looking good, but watch the price of lumber very carefully.

TOP PICK
TOP PICK
July 31, 2014

*Short*. This is the period of seasonal weakness for housing stocks. This tends to impact the demand for lumber. September is particularly weak for the price of lumber. Has declined 80% of the time for the past 20 years for an average decline of 9%. If you do Short this, it’s a good idea to have a Stop at about $53.50.

Show full opinionHide full opinion

*Short*. This is the period of seasonal weakness for housing stocks. This tends to impact the demand for lumber. September is particularly weak for the price of lumber. Has declined 80% of the time for the past 20 years for an average decline of 9%. If you do Short this, it’s a good idea to have a Stop at about $53.50.

WATCH
WATCH
May 9, 2014

Seasonally strong Oct to Apr (bull) and Apr to Oct (Bear). One of the best seasonal trades you can have each year.

Show full opinionHide full opinion

Seasonally strong Oct to Apr (bull) and Apr to Oct (Bear). One of the best seasonal trades you can have each year.

BUY WEAKNESS
BUY WEAKNESS
March 31, 2014

Forestry kinds of products ETF. He would not want to focus on US names and would prefer Canadian names. Thinks there could be a correction in the housing sector in the US as interest rates go up in the next year or two. It is a range trade at best and you could accumulate on weakness.

Show full opinionHide full opinion

Forestry kinds of products ETF. He would not want to focus on US names and would prefer Canadian names. Thinks there could be a correction in the housing sector in the US as interest rates go up in the next year or two. It is a range trade at best and you could accumulate on weakness.

SELL
SELL
February 20, 2014

The pattern for home builders runs until end of Feb. This one is the same. Sometimes it runs into March. Should start to go up again in October. This is a good time to think about exiting.

Show full opinionHide full opinion

The pattern for home builders runs until end of Feb. This one is the same. Sometimes it runs into March. Should start to go up again in October. This is a good time to think about exiting.

PAST TOP PICK
PAST TOP PICK
December 31, 2013

(Top Pick Dec 31/12, Up 18.39%) The trend is up and it is not over by any means.

Show full opinionHide full opinion

(Top Pick Dec 31/12, Up 18.39%) The trend is up and it is not over by any means.

PAST TOP PICK
PAST TOP PICK
October 29, 2013

(A Top Pick Dec 31/12. Up 16.11%.) He still sees much upside. There is lots to go yet.

Show full opinionHide full opinion

(A Top Pick Dec 31/12. Up 16.11%.) He still sees much upside. There is lots to go yet.

PAST TOP PICK
PAST TOP PICK
October 2, 2013

(A Top Pick Nov 16/12. Up 26.87%.) A good way to play the housing recovery in the US. He thinks there is more to go.

Show full opinionHide full opinion

(A Top Pick Nov 16/12. Up 26.87%.) A good way to play the housing recovery in the US. He thinks there is more to go.

PAST TOP PICK
PAST TOP PICK
August 20, 2013

(Top Pick Sep 21/12, Up 16.39%) Thinks it is a long term story – still likes it. We had our first up leg advance and now we have a correction within the context of a bull market and it moves higher from here.

Show full opinionHide full opinion

(Top Pick Sep 21/12, Up 16.39%) Thinks it is a long term story – still likes it. We had our first up leg advance and now we have a correction within the context of a bull market and it moves higher from here.

PAST TOP PICK
PAST TOP PICK
May 27, 2013

(A Top Pick Sept 21/12. Up 18.6%.) Thinks this one works higher. If you own, continue to Hold.

Show full opinionHide full opinion

(A Top Pick Sept 21/12. Up 18.6%.) Thinks this one works higher. If you own, continue to Hold.

Showing 1 to 15 of 21 entries

iShares S&P Global Timber & Forestry ETF(WOOD-Q) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

Stockchase rating for iShares S&P Global Timber & Forestry ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

iShares S&P Global Timber & Forestry ETF(WOOD-Q) Frequently Asked Questions

What is iShares S&P Global Timber & Forestry ETF stock symbol?

iShares S&P Global Timber & Forestry ETF is a American stock, trading under the symbol WOOD-Q on the NASDAQ (WOOD). It is usually referred to as NASDAQ:WOOD or WOOD-Q

Is iShares S&P Global Timber & Forestry ETF a buy or a sell?

In the last year, 1 stock analyst published opinions about WOOD-Q. 0 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for iShares S&P Global Timber & Forestry ETF.

Is iShares S&P Global Timber & Forestry ETF a good investment or a top pick?

iShares S&P Global Timber & Forestry ETF was recommended as a Top Pick by Daniel Straus on 2020-01-22. Read the latest stock experts ratings for iShares S&P Global Timber & Forestry ETF.

Why is iShares S&P Global Timber & Forestry ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is iShares S&P Global Timber & Forestry ETF worth watching?

In the last year, there was no coverage of iShares S&P Global Timber & Forestry ETF published on Stockchase.

What is iShares S&P Global Timber & Forestry ETF stock price?

On 2020-04-02, iShares S&P Global Timber & Forestry ETF (WOOD-Q) stock closed at a price of $46.12.