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RSI Alert: TFI International (TFII.CA) Now Oversold
Friday, December 14, 4:29 PM ET, by Market News Video Staff

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

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On 12/28/18, TFI International Inc (TFII.CA) will trade ex-dividend, for its quarterly dividend of $0.24, ...

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On 3/28/19, TFI International Inc (TFII.CA) will trade ex-dividend, for its quarterly dividend of $0.24, ...

TFII.CA Ex-Dividend Reminder - 6/27/19
Tuesday, June 25, 11:02 AM ET, by Market News Video Staff

On 6/27/19, TFI International Inc (TFII.CA) will trade ex-dividend, for its quarterly dividend of $0.24, ...

TFI International is Now Oversold (TFII.CA)
Thursday, July 11, 4:26 PM ET, by Market News Video Staff

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

TFI International is Now Oversold (TFII.CA)

By Canada Stock Channel Staff, Thursday, July 11, 4:26 PM ET
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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 Thursday, shares of TFI International Inc (TSE:TFII.CA) entered into oversold territory, hitting an RSI reading of 29.99, after changing hands as low as $38.24 per share. By comparison, the current RSI reading of the S&P/TSX Composite Index is 57.9. A bullish investor could look at TFII.CA's 29.99 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 TFII.CA shares:

TFI International Inc 1 Year Performance Chart

Looking at the chart above, TFII.CA's low point in its 52 week range is $33.36 per share, with $49 as the 52 week high point — that compares with a last trade of $38.34. Find out what 9 other oversold stocks you need to know about »


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