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Canadian Utilities Class X increases after finding support March 01, 2017 17:00 EST

Mar 01, 2017 - News Bites Canadian Markets


Canadian Utilities Limited (TSX:CU.X), Canada's 6th largest Utilities - regulated company by market cap, has increased 0.4% after hitting the lower Bollinger Band twice in the last ten days. This is a bullish signal. The lower Bollinger Band marks the trajectory of support on a stock price. The stock price has increased 16.0c (0.4%) from its last trading session of February 28 to close at CAD35.85. Compared with the S&P/TSX 60 Index which rose 11.1 points (1.2%)...