Our Channel Breakers weekly report features all of the Canadian stocks that broke above or broke below their respective price-channels, using weekly closing prices from technical charts provided courtesy of theUpTrend.com. These charts are appropriate for use by intermediate-term investors.
In the week ending August 16, 2019, most of the stock indexes ended up at or just below where they started the week. However, much damage was done on Wednesday when many stocks suffered a severe downdraft. This put many of them on Sell signals. By the end of this past week, there were only 5 stocks that broke above their upper channel lines and generated Buy signals while 29 stocks plunged below their lower channel lines and generated Sell signals.
To access the chart of a company, just click on the company name.
BUY STOCKS
| BCE.TO | BCE | Positive Momentum | $ 62.01 |
| CPH.TO | Cipher Pharmaceu | Positive Momentum | $ 1.35 |
| PTK.V | Poet Technologie | Positive Momentum | $ 0.44 |
| SVI.V | StorageVault | Positive Momentum | $ 2.98 |
| Y.TO | Yellow Pages | Positive Momentum | $ 8.54 |
| SELL/SHORT STOCKS | |||
| ALA.TO | AltaGas | Negative Momentum | $ 18.96 |
| ALS.TO | Altius Minerals | Negative Momentum | $ 11.04 |
| CGI.TO | Canadian General | Negative Momentum | $ 23.89 |
| CIGI.TO | Colliers Inter | Negative Momentum | $ 90.05 |
| ERO.TO | Ero Copper | Negative Momentum | $ 20.51 |
| FTN.TO | Financial 15 Spl | Negative Momentum | $ 6.20 |
| FTT.TO | Finning Internat | Negative Momentum | $ 22.08 |
| GOOS.TO | Canada Goose | Negative Momentum | $ 50.12 |
| HRX.TO | Héroux-Devtek | Negative Momentum | $ 18.13 |
| HTL.V | Hamilton Thorne | Negative Momentum | $ 1.08 |
| IDG.TO | Indigo Books & M | Negative Momentum | $ 7.00 |
| KEY.TO | Keyera Facilitie | Negative Momentum | $ 32.28 |
| KXS.TO | Kinaxis | Negative Momentum | $ 78.24 |
| LGO.TO | Largo Resources | Negative Momentum | $ 1.56 |
| MAXR.TO | Maxar Technologi | Negative Momentum | $ 8.36 |
| MEG.TO | MEG Energy | Negative Momentum | $ 4.62 |
| MTL.TO | Mullen Group Ltd | Negative Momentum | $ 8.95 |
| NA.TO | National Bank of | Negative Momentum | $ 61.05 |
| NTR.TO | Nutrien | Negative Momentum | $ 66.11 |
| OGC.TO | OceanaGold | Negative Momentum | $ 3.26 |
| ONEX.TO | Onex | Negative Momentum | $ 76.42 |
| PXT.TO | Parex Resources | Negative Momentum | $ 20.02 |
| RECP.TO | Cara Operations | Negative Momentum | $ 25.52 |
| SCL.TO | Shawcor | Negative Momentum | $ 16.15 |
| SGY.TO | Surge Energy | Negative Momentum | $ 1.07 |
| SIA.TO | Sienna Senior Li | Negative Momentum | $ 19.00 |
| SPB.TO | Superior Plus | Negative Momentum | $ 11.93 |
| TNX.TO | Tanzanian Royalt | Negative Momentum | $ 1.10 |
| WSP.TO | WSP Global | Negative Momentum | $ 70.62 |
