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Friday, July 12, 2013

Canadian Top Losers: (TSE: UFS.TO), (TSE: AGI.TO), (TSE: UFX.TO), (TSE: CNL.TO), (TSE: DPM.TO)

TSE (TSE: UFS): fell by 5.50% or $-4.19/share to $72.06. In the past year, the shares have traded as low as $67.75 and as high as $85.67. On average, 21725 shares of UFS.TO exchange hands on a given day and today's volume is recorded at 21750. 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 $72.79 area but be careful because the stock may face selling pressure at this level.

TSE (TSE: AGI): fell by 4.96% or $-0.69/share to $13.23. In the past year, the shares have traded as low as $10.40 and as high as $19.96. On average, 544386 shares of AGI.TO exchange hands on a given day and today's volume is recorded at 112912. 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 $13.50 area but be careful because the stock may face selling pressure at this level.

TSE (TSE: UFX): fell by 4.07% or $-3.09/share to $72.75. In the past year, the shares have traded as low as $68.55 and as high as $85.25. On average, 402 shares of UFX.TO exchange hands on a given day and today's volume is recorded at 225. 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 $72.91 area but be careful because the stock may face selling pressure at this level.

TSE (TSE: CNL): fell by 4.06% or $-0.17/share to $4.02. In the past year, the shares have traded as low as $2.71 and as high as $10.03. On average, 410657 shares of CNL.TO exchange hands on a given day and today's volume is recorded at 71380. 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 $5.85 represents resistance and the 50-day moving average of $3.82 would be an area of support.

TSE (TSE: DPM): fell by 3.63% or $-0.18/share to $4.78. In the past year, the shares have traded as low as $1.47 and as high as $8.00. On average, 378592 shares of DPM.TO exchange hands on a given day and today's volume is recorded at 31216. 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 $6.78 represents resistance and the 50-day moving average of $4.50 would be an area of support.