West Fraser Timber (WFG.TO) is underperforming in the SIACharts’ relative strength rankings, hinting at the risks associated with the Materials sector, particularly forest products. Exiting the green zone early August , WFG.TO has remained flat, contrasting sharply with the S&P/TSX Composite Index’s 4.4% gain. Over the last month, West Fraser lost 8.9%, further lagging behind the benchmark index’s 0.9% decline. Now in the SIA Neutral Zone and ranked 103rd –a 26 spot drop– it signals a cautionary stance for the sector.