The most popular stocks searched on Google Finance Canada for June 27 are RONA Inc, Bellatrix Exploration Ltd, Niko Resources Ltd, and Westport Innovations 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): traded higher by 6.59% or $0.64/share to $10.35. In the past year, the shares have traded as low as $9.25 and as high as $14.49. On average, 126077 shares of RON.TO exchange hands on a given day and today's volume is recorded at 244218. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $10.88 represents resistance and the 50-day moving average of $10.28 would be an area of support.
Bellatrix Exploration Ltd (TSE: BXE): traded higher by 10.36% or $0.57/share to $6.07. In the past year, the shares have traded as low as $2.85 and as high as $6.94. On average, 578500 shares of BXE.TO exchange hands on a given day and today's volume is recorded at 2509298. 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 $5.61 area where the stock will likely see buying pressure.
Niko Resources Ltd. (TSE: NKO): traded higher by 21.57% or $1.62/share to $9.13. In the past year, the shares have traded as low as $5.13 and as high as $20.94. On average, 494371 shares of NKO.TO exchange hands on a given day and today's volume is recorded at 1165525. 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 $7.9236 area.
Westport Innovations Inc. (TSE: WPT): traded higher by 8.17% or $2.62/share to $34.68. In the past year, the shares have traded as low as $23.02 and as high as $40.75. On average, 46747 shares of WPT.TO exchange hands on a given day and today's volume is recorded at 85251. 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 $30.20 area where the stock will likely see buying pressure.
