The most popular stocks searched on Google Finance Canada for March 29 are Scorpio Mining Corporation, Fortuna Silver Mines Inc, Brookfield Office Properties Inc, and CAE, 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.
Scorpio Mining Corporation (TSE: SPM): fell by 14.39% or $-0.2/share to $1.19. In the past year, the shares have traded as low as $1.16 and as high as $2.43. On average, 411708 shares of SPM.TO exchange hands on a given day and today's volume is recorded at 1740484. 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 $1.92 area but be careful because the stock may face selling pressure at this level.
Fortuna Silver Mines Inc. (TSE: FVI): traded higher by 1.83% or $0.08/share to $4.46. In the past year, the shares have traded as low as $4.27 and as high as $7.58. On average, 432708 shares of FVI.TO exchange hands on a given day and today's volume is recorded at 854835. 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 $6.19 area where the stock may encounter resistance.
Brookfield Office Properties Inc. (TSE: BPO): fell by 1.29% or $-0.22/share to $16.87. In the past year, the shares have traded as low as $13.59 and as high as $19.24. On average, 581573 shares of BPO.TO exchange hands on a given day and today's volume is recorded at 48972. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $17.46 represents resistance and the 200-day moving average of $16.29 would be an area of support.
CAE, Inc. (TSE: CAE): fell by 1.77% or $-0.18/share to $9.97. In the past year, the shares have traded as low as $9.03 and as high as $13.09. On average, 421033 shares of CAE.TO exchange hands on a given day and today's volume is recorded at 110580. 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 $10.26 area where the stock may encounter resistance.
