The most popular stocks searched on Google Finance Canada for April 6 are First Quantum Minerals Limited, Suncor Energy Inc, Sandvine Corporation, Husky Energy Inc, and Dollarama 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.
First Quantum Minerals Limited (TSE: FM): traded higher by 7.13% or $1.31/share to $19.69. In the past year, the shares have traded as low as $12.60 and as high as $29.14. On average, 1963180 shares of FM.TO exchange hands on a given day and today's volume is recorded at 4468625. 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 $19.83 area where the stock may encounter resistance.
Suncor Energy Inc. (TSE: SU): fell by 2.59% or $-0.81/share to $30.45. In the past year, the shares have traded as low as $23.97 and as high as $44.78. On average, 4492560 shares of SU.TO exchange hands on a given day and today's volume is recorded at 6094316. 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 $31.67 area where the stock may encounter resistance.
Sandvine Corporation (TSE: SVC): fell by 4.29% or $-0.07/share to $1.56. In the past year, the shares have traded as low as $1.07 and as high as $2.52. On average, 371155 shares of SVC.TO exchange hands on a given day and today's volume is recorded at 2864032. 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 $1.61 represents resistance and the 200-day moving average of $1.49 would be an area of support.
Husky Energy Inc. (TSE: HSE): fell by 2.72% or $-0.68/share to $24.30. In the past year, the shares have traded as low as $20.63 and as high as $29.80. On average, 983530 shares of HSE.TO exchange hands on a given day and today's volume is recorded at 1223145. 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 $24.76 area where the stock may encounter resistance.
Dollarama Inc (TSE: DOL): traded higher by 3.17% or $1.5/share to $48.88. In the past year, the shares have traded as low as $29.10 and as high as $48.95. On average, 134212 shares of DOL.TO exchange hands on a given day and today's volume is recorded at 275000. 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 $44.46 area where the stock will likely see buying pressure.
