Canada Stock Channel
Market News Video Self Directed Investor The Warren Buffetts Next Door Stock message boards
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Centerra Gold Becomes Oversold (CG.CA)
Monday, February 27, 4:37 PM ET, by Market News Video Staff

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...

CG.CA Crosses Above Key Moving Average Level
Monday, March 13, 3:49 PM ET, by Market News Video Staff

In trading on Monday, shares of Centerra Gold Inc (CG.CA) crossed above their 200 day ...

Analyst Favorites: Centerra Gold Ranks As a Top Metals Pick
Monday, March 20, 12:01 PM ET, by Market News Video Staff

A study of analyst recommendations at the major brokerages shows that Centerra Gold Inc (CG.CA) ...

Notable Two Hundred Day Moving Average Cross - CG.CA
Tuesday, April 25, 11:00 AM ET, by Market News Video Staff

In trading on Tuesday, shares of Centerra Gold Inc (CG.CA) crossed below their 200 day ...

Noteworthy ETF Outflows: GDXJ, KL.CA, IAG, CG.CA
Tuesday, May 30, 11:27 AM ET, by Market News Video Staff

Symbols mentioned in this story: GDXJ, KL.CA, IAG, CG.CA Exchange traded funds (ETFs) trade just ...

  More articles:  1 2 next »

Oversold Conditions For Centerra Gold Inc (CG.CA)

By Canada Stock Channel Staff, Friday, June 22, 11:52 AM ET
Play Video: Learn About The RSI


If the video does not load after a few moments, Upgrade to the Latest Flash Player.

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:

Centerra Gold Inc 1 Year Performance Chart

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


Special Offer: Manage the risks of the markets better with a free 30 day trial to the Multi-Asset Class Risk Management Portfolio.


This Article's Word Cloud:   Asset   Buffett   Centerra   Class   Composite   Find   Friday   Gold   Index   Legendary   Looking   Manage   Management   Multi   Offer   Portfolio   Relative   Risk   Special   Strength   Warren   about   above   advises   after   analysis   begin   below   better   bullish   called   changing   chart   compares   comparison   fearful   greedy   investor   look   others   oversold   point   reading   share   shares   stock   that   week   when   with

Oversold Conditions For Centerra Gold Inc (CG.CA) | www.CanadaStockChannel.com | Copyright © 2011 - 2018, All Rights Reserved

Nothing in Canada Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Canada Stock Channel; Meet Our Editorial Staff.