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Tuesday, March 27, 2012

Most popular Canadian stock searches for March 27 - (TSE: CG.TO), (TSE: CUM.TO), (TSE: ENB.TO), (TSE: FVI.TO), (TSE: CP.TO)

The most popular stocks searched on Google Finance Canada for March 27 are Centerra Gold Inc, Copper Mountain Mining Corporation, Enbridge Inc, Fortuna Silver Mines Inc, and Canadian Pacific Railway Limited. 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.

Centerra Gold Inc. (TSE: CG): fell by 19.03% or $-3.07/share to $13.06. In the past year, the shares have traded as low as $14.56 and as high as $23.69. On average, 306556 shares of CG.TO exchange hands on a given day and today's volume is recorded at 1336344. 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 $18.50 area but be careful because the stock may face selling pressure at this level.

Copper Mountain Mining Corporation. (TSE: CUM): fell by 3.38% or $-0.16/share to $4.57. In the past year, the shares have traded as low as $3.28 and as high as $8.15. On average, 679034 shares of CUM.TO exchange hands on a given day and today's volume is recorded at 1399623. 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 $4.99 area but be careful because the stock may face selling pressure at this level.

Enbridge Inc (TSE: ENB): traded higher by 0.52% or $0.2/share to $38.43. In the past year, the shares have traded as low as $28.27 and as high as $39.25. On average, 1713280 shares of ENB.TO exchange hands on a given day and today's volume is recorded at 587125. 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 $38.42 area where the stock will likely see buying pressure.

Fortuna Silver Mines Inc. (TSE: FVI): fell by 2.50% or $-0.14/share to $5.46. In the past year, the shares have traded as low as $4.41 and as high as $7.58. On average, 377460 shares of FVI.TO exchange hands on a given day and today's volume is recorded at 345720. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $6.21 area where the stock may encounter resistance.

Canadian Pacific Railway Limited (TSE: CP): fell by 0.51% or $-0.4/share to $78.51. In the past year, the shares have traded as low as $46.01 and as high as $79.07. On average, 691006 shares of CP.TO exchange hands on a given day and today's volume is recorded at 127970. 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 $75.34 area where the stock will likely see buying pressure.