Bullboard - Stock Discussion Forum Pet Valu Holdings Ltd T.PET

Alternate Symbol(s): PTVLF

Pet Valu Holdings Ltd. is a Canada-based specialty retailer and wholesaler of pet food and pet-related supplies. The Company's product offering includes its brands, in-store services and omni-channel capabilities. The Company's pet products specialize for dogs, cats, fish, birds, small pets and reptiles. The Company's local store offers various services, including grooming, adoption and self... see more

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TSX:PET - Post Discussion

Pet Valu Holdings Ltd > Still Oversold 3

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Post by retiredcf on Jun 18, 2024 7:56am

Still Oversold 3

The S&P/TSX Composite fell 1.6 per cent for the trading week ending with Friday’s close and is now only 4.7 per cent higher for the year. The benchmark’s Relative Strength Index (RSI) of 38 leaves it closer to the technically attractive buy signal of 30 than the overbought RSI sell signal of 70.

There are nine index stocks trading with attractive oversold RSIs below 30. Pet Valu Holdings Ltd. is the most oversold company followed by Magna International Inc., National Bank of Canada, Canadian Natural Resources Ltd. and Algonquin Power and Utilities Ltd.