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|Centerra Gold Breaks Below 200-Day Moving Average - Notable for CG.CA
Monday, September 22, 3:44 PM ET, by Market News Video Staff
In trading on Monday, shares of Centerra Gold Inc (CG.CA) crossed below their 200 day ...
Reminder - Centerra Gold (CG.CA) Goes Ex-Dividend Soon
Thursday, November 6, 10:12 AM ET, by Market News Video Staff
On 11/10/14, Centerra Gold Inc (CG.CA) will trade ex-dividend, for its quarterly dividend of $0.04, ...
CG.CA Makes Bullish Cross Above Critical Moving Average
Tuesday, November 18, 10:45 AM ET, by Market News Video Staff
In trading on Tuesday, shares of Centerra Gold Inc (CG.CA) crossed above their 200 day ...
Analyst Favorites: Centerra Gold Ranks As a Top Metals Pick
Monday, November 24, 11:46 AM ET, by Market News Video Staff
A study of analyst recommendations at the major brokerages shows that Centerra Gold Inc (CG.CA) ...
Centerra Gold (CG.CA) Shares Cross 3% Yield Mark
Friday, December 19, 4:21 PM ET, by Market News Video Staff
In trading on Friday, 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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