Richards Packaging Income Fund inches higher, resistance at 12-day EMA March 01, 2017 17:00 EST
CANADIAN DAILY STOCK REPORT
Richards Packaging Income Fund (TSX:RPI.UN), Canada's 5th largest Packaging & containers company by market cap, has lifted 2.7% but fell short of the 12-day Exponential Moving Average [EMA] of CAD24.69. Compared with the S&P/TSX 60 Index which rose 11.1 points (1.2%) in the day, the relative price increase was 1.5%. The rise has been propped up by firm volume of 1.2 times the average daily volume of 8,233 units. The unit last traded at CAD24.50.
RICHARDS PACKAGING INCOME FUND BULLISH ...