The most popular stocks searched on Google Finance Canada for April 4 are RONA Inc, Cenovus Energy Inc, Royal Bank of Canada, Bankers Petroleum Ltd, and Tim Hortons 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.
RONA Inc. (TSE: RON): fell by 4.01% or $-0.42/share to $10.06. In the past year, the shares have traded as low as $8.64 and as high as $14.15. On average, 356694 shares of RON.TO exchange hands on a given day and today's volume is recorded at 329917. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $9.5197 area.
Cenovus Energy Inc (TSE: CVE): fell by 3.35% or $-1.19/share to $34.29. In the past year, the shares have traded as low as $28.85 and as high as $39.64. On average, 1760010 shares of CVE.TO exchange hands on a given day and today's volume is recorded at 1456426. 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 $34.91 area where the stock may encounter resistance.
Royal Bank of Canada (TSE: RY): fell by 0.61% or $-0.35/share to $56.75. In the past year, the shares have traded as low as $43.30 and as high as $60.80. On average, 3411260 shares of RY.TO exchange hands on a given day and today's volume is recorded at 2068338. 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 $56.56 area where the stock will likely see buying pressure.
Bankers Petroleum Ltd. (TSE: BNK): fell by 3.06% or $-0.12/share to $3.80. In the past year, the shares have traded as low as $2.95 and as high as $9.22. On average, 1489980 shares of BNK.TO exchange hands on a given day and today's volume is recorded at 1091091. 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 $4.52 area but be careful because the stock may face selling pressure at this level.
Tim Hortons Inc. (TSE: THI): fell by 1.79% or $-0.97/share to $53.18. In the past year, the shares have traded as low as $41.53 and as high as $54.92. On average, 350511 shares of THI.TO exchange hands on a given day and today's volume is recorded at 249695. 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 $52.61 area where the stock will likely see buying pressure.
