Stock message boards
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:

Bullish Two Hundred Day Moving Average Cross - ASR.CA
Monday, August 26, 10:49 AM ET, by Market News Video Staff

In trading on Monday, shares of Alacer Gold Corp (ASR.CA) crossed above their 200 day ...

Alacer Gold Corp Breaks Above 200-Day Moving Average - Bullish for ASR.CA
Wednesday, September 25, 3:49 PM ET, by Market News Video Staff

In trading on Wednesday, shares of Alacer Gold Corp (ASR.CA) crossed above their 200 day ...

ASR.CA Crosses Below Key Moving Average Level
Tuesday, October 29, 3:58 PM ET, by Market News Video Staff

In trading on Tuesday, shares of Alacer Gold Corp (ASR.CA) crossed below their 200 day ...

ASR.CA Makes Bullish Cross Above Critical Moving Average
Wednesday, January 22, 1:27 PM ET, by Market News Video Staff

In trading on Wednesday, shares of Alacer Gold Corp (ASR.CA) crossed above their 200 day ...

Reminder - Alacer Gold Corp (ASR.CA) Goes Ex-Dividend Soon
Tuesday, March 25, 2:47 PM ET, by Market News Video Staff

On 3/27/14, Alacer Gold Corp (ASR.CA) will trade ex-dividend, for its annual dividend of $0.02, ...

  More articles:  1 2 next »

Alacer Gold Corp Becomes Oversold (ASR.CA)

By Canada Stock Channel Staff, Wednesday, November 14, 12:35 PM 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 Wednesday, shares of Alacer Gold Corp (TSE:ASR.CA) entered into oversold territory, hitting an RSI reading of 25.6, after changing hands as low as $4.98 per share. By comparison, the current RSI reading of the S&P/TSX Composite Index is 32.9. A bullish investor could look at ASR.CA's 25.6 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 ASR.CA shares:

Alacer Gold Corp 1 Year Performance Chart

Looking at the chart above, ASR.CA's low point in its 52 week range is $4.78 per share, with $12.57 as the 52 week high point that compares with a last trade of $4.98. Find out what 9 other oversold stocks you need to know about


Special Offer: Follow Gordon Pape's Canadian stock tips with a 30 day FREE trial to the Internet Wealth Builder newsletter


This Article's Word Cloud:   Buffett   Definition   Definitions   Index   Legendary   Pape   Relative   Stock   Strength   Warren   Wednesday   What   about   above   analysis   below   bullish   chart   comparison   considered   could   fearful   given   greedy   hands   heavy   investor   know   look   momentum   need   opportunities   others   oversold   point   range   reading   recent   scale   share   shares   stock   stocks   that   week   what   when   with   year   zero

Alacer Gold Corp Becomes Oversold (ASR.CA) | www.CanadaStockChannel.com | Copyright © 2011 - 2014, 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.