The most oversold and overbought stocks on the TSX

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 92%

Business News News

Business Business Latest News,Business Business Headlines

A look at equities with price momentum in both directions

of 54 leaves it close to the midpoint between the overbought sell signal of 70 and the oversold, technically attractive RSI buy signal of 30.

There are three index members trading with RSIs below the buy signal of 30 this week. Hexo Corp. is the most oversold company followed by Vermilion Energy Inc. and Tourmaline Oil Corp. There are 14 technically vulnerable benchmark constituents trading above the RSI sell signal of 70. The five most overbought stocks are Quebecor inc., Great-West Lifeco Inc., Alamos Gold Inc, Exchange Income Corp and Home Capital Group Inc.

There are two benchmark stocks – Filo Mining Corp. and Exchange Income Corp. – showing strong price momentum by hitting new 52-week highs. There are no stocks hitting 52-week lows.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Majority of big Canadian companies now linking executive pay to ESGStudy finds 68 per cent of companies in the S&P/TSX 60 Index of large corporations offer chief executives and other top brass incentives at least partly based on meeting ESG objectives tetleyuk retarded TaikaWaititi Switzerland ParlCH ESG is a particularly toxic combination of green-washing & virtue signalling. But I learned early in my long career to be wary of three letter business acronyms ... and to stay well clear of the sea of parasitical consultant hucksters who make their living pumping them.
Source: globeandmail - 🏆 5. / 92 Read more »

Our Community: Art contest raises awareness of salmon decline, RV company helps stock food banksA 10-year-old local student has won first place in her age category in the Pacific Salmon Foundation’s second annual Kids Salmon Art Contest.
Source: timescolonist - 🏆 15. / 75 Read more »

Canaccord’s management seeks to buy investment bank in $1.13-billion dealThe management team has announced a takeover bid of $11.25 a share, representing a nearly 42% premium to the most recent 20-day average price of Canaccord’s stock
Source: globeandmail - 🏆 5. / 92 Read more »