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Thursday, April 5, 2012

Notable Volume Found In Shares Of (TSE: CFP.TO)

Canfor Corporation (TSE: CFP): fell by 0.69% or $-0.08/share to $11.52. In the past year, the shares have traded as low as $8.80 and as high as $14.53. On average, 288789 shares of CFP.TO exchange hands on a given day and today's volume is recorded at 1362916. 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 $11.68 represents resistance and the 200-day moving average of $10.75 would be an area of support.