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Starcore International Mines unchanged after hitting resistance February 06, 2017 17:00 EST

Feb 06, 2017 - News Bites Canadian Markets


Starcore International Mines Ltd. (TSX:SAM), was unchanged after hitting the upper Bollinger Band twice in the last ten days. This is a bearish signal. The upper Bollinger Band marks the trajectory of resistance on an stock price. The stock price closed unchanged at 62.0c. Compared with the S&P/TSX 60 Index which fell 2.3 points (0.2%) in the day, the relative price increase was 0.2%. The volume was 1.1 times the average trading volume of 71,313 shares.