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Canyon Services inches higher, resistance at 12-day EMA February 03, 2017 17:00 EST

Feb 03, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Canyon Services Group Inc. (TSX:FRC), Canada's 9th largest Oil & gas - services company by market cap, has lifted 2.6% but fell short of the 12-day Exponential Moving Average [EMA] of CAD6.44. Compared with the S&P/TSX 60 Index which rose 4.9 points (0.5%) in the day, the relative price increase was 2.0%. The volume was 0.6 times the average trading volume of 433,400 shares. The stock last traded at CAD6.42.

SECTION 1

CANYON SERVICES BULLISH SIGNALS

1.1 Fundam...