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Reminder - National Bank of Canada (NA.CA) Goes Ex-Dividend Soon
Wednesday, June 21, 10:04 AM ET, by Market News Video Staff

On 6/23/23, National Bank of Canada (NA.CA) will trade ex-dividend, for its quarterly dividend of ...

RSI Alert: National Bank of Canada (NA.CA) Now Oversold
Wednesday, September 6, 4:22 PM ET, by Market News Video Staff

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

National Bank of Canada About To Put More Money In Your Pocket (NA.CA)
Wednesday, September 20, 11:05 AM ET, by Market News Video Staff

On 9/22/23, National Bank of Canada (NA.CA) will trade ex-dividend, for its quarterly dividend of ...

National Bank of Canada Getting Very Oversold (NA.CA)
Tuesday, October 3, 12:14 PM ET, by Market News Video Staff

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

National Bank of Canada (NA.CA) Shares Cross Above 200 DMA
Wednesday, December 13, 4:28 PM ET, by Market News Video Staff

In trading on Wednesday, shares of National Bank of Canada (NA.CA) crossed above their 200 ...

Oversold Conditions For National Bank of Canada (NA.CA)

By Canada Stock Channel Staff, Thursday, April 7, 12:10 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 National Bank of Canada (TSE:NA.CA) entered into oversold territory, hitting an RSI reading of 27.4, after changing hands as low as $92.19 per share. By comparison, the current RSI reading of the S&P/TSX Composite Index is 50.4. A bullish investor could look at NA.CA's 27.4 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 NA.CA shares:

National Bank of Canada 1 Year Performance Chart

Looking at the chart above, NA.CA's low point in its 52 week range is $85.25 per share, with $106.10 as the 52 week high point — that compares with a last trade of $92.20. Find out what 9 other oversold stocks you need to know about »


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