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Friday, July 12, 2013

Most popular Canadian stock searches for July 12 - (TSE: UFS.TO)

One of the most popular stocks searched on Google Finance Canada for July 12 is Domtar Corp. This company may be among the most popular because of upcoming earnings, breaking news, extreme price movements, or other attention grabbing activities. Pay attention to this company as it may have some hype associated with it that can create volatility which is great for trading.

Domtar Corp (TSE: UFS): fell by 3.67% or $-2.8/share to $73.45. 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 36869. 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 $76.69 represents resistance and the 50-day moving average of $72.79 would be an area of support.