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Bullboard - Stock Discussion Forum Park Lawn Corp T.PLC

Park Lawn Corporation is engaged in providing goods and services associated with the disposition and memorialization of human remains. The Company and its subsidiaries own and operate businesses, including cemeteries, crematoria, funeral homes, chapels, planning offices and a transfer service. Its primary products and services are cemetery lots, crypts, niches, monuments, caskets, urns and... see more

TSX:PLC - Post Discussion

Park Lawn Corp > Still Oversold
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Post by retiredcf on Oct 31, 2023 1:30pm

Still Oversold

The S&P/TSX Composite dropped another 1.9 per cent during the trading week ending with Friday’s close and is now down for the year at -0.62 per cent. The benchmark only barely avoided oversold territory with a Relative Strength Index (RSI) of that is right at the oversold RSI buy signal of 30.

There are even more oversold, technically attractive index constituents – 51 - by RSI this week than last. The five most oversold companies are Westshore Terminals Investment Corp., CI Financial Corp., IGM Financial Inc., Park Lawn Corp. and Laurentian Bank of Canada. Brookfield Infrastructure Partners and Canada Goose Holdings Inc. are also among the top 10 most oversold stocks.

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