One of the most popular stocks searched on Google Finance Canada for July 15 is Shoppers Drug Mart Corporation. 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.
Shoppers Drug Mart Corporation (TSE: SC): traded higher by 26.57% or $12.86/share to $61.26. In the past year, the shares have traded as low as $40.03 and as high as $49.00. On average, 674495 shares of SC.TO exchange hands on a given day and today's volume is recorded at 4584151. 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 $46.67 area where the stock will likely see buying pressure.
