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Bearish Signals: Stocks falling on low relative strength September 21, 2018 17:00 EDT

Sep 21, 2018 - News Bites Canadian Markets


Alio Gold underperforms 99% of the market

Alio Gold Inc. (TSX:ALO), Canada's 172nd largest Metals & mining company by market cap, has sunk 5.0c (5.2%) from its last trading session of September 20 to close at 92.0c. Compared with the S&P/TSX 60 Index which rose 1.4 points (0.1%) in the day, the relative price change was -5.4%. The fall was exacerbated by strong volume of 3.1 times the average daily volume of 158,803 shares. In the Canadian market of 1,915...