The most popular stocks searched on Google Finance Canada for March 23 are Newalta Corporation, Colabor Group Inc, Niko Resources Ltd, and Lululemon Athletica Inc. These companies may be the most popular because of upcoming earnings, breaking news, extreme price movements, or other attention grabbing activities. Pay attention to these companies as they may have some hype that can create volatility which is great for trading.
Newalta Corporation (TSE: NAL): fell by 0.33% or $-0.05/share to $15.00. In the past year, the shares have traded as low as $9.97 and as high as $15.25. On average, 61525 shares of NAL.TO exchange hands on a given day and today's volume is recorded at 4434. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $14.61 area where the stock will likely see buying pressure.
Colabor Group Inc (TSE: GCL): fell by 2.50% or $-0.2/share to $7.80. On average, 0 shares of GCL.TO exchange hands on a given day and today's volume is recorded at 210970.
Niko Resources Ltd. (TSE: NKO): traded higher by 8.05% or $2.81/share to $37.71. In the past year, the shares have traded as low as $34.48 and as high as $94.12. On average, 139511 shares of NKO.TO exchange hands on a given day and today's volume is recorded at 382964. 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 $44.94 area but be careful because the stock may face selling pressure at this level.
Lululemon Athletica Inc (TSE: LLL): fell by 0.08% or $-0.06/share to $75.89. In the past year, the shares have traded as low as $38.40 and as high as $76.63. On average, 167082 shares of LLL.TO exchange hands on a given day and today's volume is recorded at 118169. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $68.01 area where the stock will likely see buying pressure.
