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|Notable Two Hundred Day Moving Average Cross - CG.CA
Monday, July 20, 10:48 AM ET, by Market News Video Staff
In trading on Monday, shares of Centerra Gold Inc (CG.CA) crossed below their 200 day ...
Cash Dividend On The Way From Centerra Gold (CG.CA)
Friday, August 7, 9:59 AM ET, by Market News Video Staff
On 8/11/15, Centerra Gold Inc (CG.CA) will trade ex-dividend, for its quarterly dividend of $0.04, ...
Centerra Gold (CG.CA) Shares Cross Below 200 DMA
Tuesday, August 25, 11:01 AM ET, by Market News Video Staff
In trading on Tuesday, shares of Centerra Gold Inc (CG.CA) crossed below their 200 day ...
Analyst Favorites: Centerra Gold Ranks As a Top Metals Pick
Monday, September 28, 11:48 AM ET, by Market News Video Staff
A study of analyst recommendations at the major brokerages shows that Centerra Gold Inc (CG.CA) ...
CG.CA Crosses Above 2% Yield Territory
Wednesday, October 28, 3:09 PM ET, by Market News Video Staff
In trading on Wednesday, shares of Centerra Gold Inc (CG.CA) were yielding above the 2% ...
Centerra Gold Enters Oversold Territory (CG.CA)
By Canada Stock Channel Staff, Wednesday, May 23, 11:55 AM ET
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
In trading on Wednesday, shares of Centerra Gold Inc (TSE:CG.CA) entered into oversold territory, hitting an RSI reading of 29.0, after changing hands as low as $9.41 per share. By comparison, the current RSI reading of the S&P/TSX Composite Index is 32.9. A bullish investor could look at CG.CA's 29.0 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of CG.CA shares:
Looking at the chart above, CG.CA's low point in its 52 week range is $8.95 per share, with $23.69 as the 52 week high point — that compares with a last trade of $9.52. Find out what 9 other oversold stocks you need to know about »
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