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|RSI Alert For Centerra Gold Inc (CG.CA)
Tuesday, October 1, 4:30 PM ET, by Market News Video Staff
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...
CG.CA Makes Notable Cross Below Critical Moving Average
Tuesday, January 7, 10:41 AM ET, by Market News Video Staff
In trading on Tuesday, shares of Centerra Gold Inc (CG.CA) crossed below their 200 day ...
CG.CA Crosses Above Key Moving Average Level
Wednesday, January 29, 3:51 PM ET, by Market News Video Staff
In trading on Wednesday, shares of Centerra Gold Inc (CG.CA) crossed above their 200 day ...
Cash Dividend On The Way From Centerra Gold Inc (CG.CA)
Friday, February 28, 10:01 AM ET, by Market News Video Staff
On 3/4/14, Centerra Gold Inc (CG.CA) will trade ex-dividend, for its quarterly dividend of $0.04, ...
CG.CA Crosses Above 3% Yield Territory
Wednesday, March 19, 3:22 PM ET, by Market News Video Staff
In trading on Wednesday, shares of Centerra Gold Inc (CG.CA) were yielding above the 3% ...
Oversold Conditions For Centerra Gold Inc (CG.CA)
By Canada Stock Channel Staff, Friday, June 22, 11:52 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 Friday, shares of Centerra Gold Inc (TSE:CG.CA) entered into oversold territory, hitting an RSI reading of 28.6, after changing hands as low as $7.66 per share. By comparison, the current RSI reading of the S&P/TSX Composite Index is 42.7. A bullish investor could look at CG.CA's 28.6 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 $7.66 per share, with $23.69 as the 52 week high point — that compares with a last trade of $8.35. Find out what 9 other oversold stocks you need to know about »
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