Bullboard - Stock Discussion Forum goeasy Ltd EHMEF

Primary Symbol: T.GSY

goeasy Ltd. is a Canada-based company, which provides non-prime leasing and lending services through its easyhome, easyfinancial and LendCare brands. The Company's segments include easyfinancial and easyhome. The easyfinancial segment lends out capital in the form of unsecured and secured consumer loans to non-prime borrowers. easyfinancial’s product offering consists of unsecured and real... see more

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goeasy Ltd > Still Oversold

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Post by retiredcf on Apr 10, 2023 12:49pm

Still Oversold

The S&P/TSX Composite Index climbed another 1.4 per cent for the trading weekend ending with Thursday’s close and the benchmark now stands 5.2 per cent for the year. The index’s Relative Strength Index (RSI) of 57 leaves it in technically neutral territory, not far from the midpoint between the oversold RSI buy signal of 30 and the overbought sell signal of 70.

There are seven oversold, technically attractive index members trading with RSIs below 30 this week. The five most oversold companies are, in order, Canopy Growth Corp., Artis REIT, Northwest Healthcare Properties REIT, GoEasy Ltd. and Nutrien Ltd.

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