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Wednesday, March 28, 2012
Abnormal Volume Encountered In Shares Of (TSE: CPX.TO)
Capital Power Corporation (TSE: CPX): fell by 2.43% or $-0.585/share to $23.50. In the past year, the shares have traded as low as $21.50 and as high as $28.00. On average, 128565 shares of CPX.TO exchange hands on a given day and today's volume is recorded at 268531. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $24.73 area but be careful because the stock may face selling pressure at this level.