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|LNR.CA Ex-Dividend Reminder - 8/23/17
Monday, August 21, 10:11 AM ET, by Market News Video Staff
On 8/23/17, Linamar Corp. (LNR.CA) will trade ex-dividend, for its quarterly dividend of $0.12, payable ...
RSI Alert: Linamar (LNR.CA) Now Oversold
Wednesday, November 8, 11:59 AM ET, by Market News Video Staff
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...
LNR.CA Crosses Below Key Moving Average Level
Thursday, November 9, 10:57 AM ET, by Market News Video Staff
In trading on Thursday, shares of Linamar Corp. (LNR.CA) crossed below their 200 day moving ...
Reminder - Linamar (LNR.CA) Goes Ex-Dividend Soon
Tuesday, November 21, 9:59 AM ET, by Market News Video Staff
On 11/23/17, Linamar Corp. (LNR.CA) will trade ex-dividend, for its quarterly dividend of $0.12, payable ...
Linamar Corp. Breaks Below 200-Day Moving Average
Monday, February 5, 10:58 AM ET, by Market News Video Staff
In trading on Monday, shares of Linamar Corp. (LNR.CA) crossed below their 200 day moving ...
Linamar Becomes Oversold (LNR.CA)
By Canada Stock Channel Staff, Wednesday, July 11, 11:56 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 Linamar Corp. (TSE:LNR.CA) entered into oversold territory, hitting an RSI reading of 29.3, after changing hands as low as $55 per share. By comparison, the current RSI reading of the S&P/TSX Composite Index is 57.3. A bullish investor could look at LNR.CA's 29.3 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 LNR.CA shares:
Looking at the chart above, LNR.CA's low point in its 52 week range is $54.19 per share, with $80.58 as the 52 week high point — that compares with a last trade of $55.30. Find out what 9 other oversold stocks you need to know about »
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