The most oversold and overbought stocks on the TSX

📆 28/11/2022 20:41:00
📰 globeandmail

⏱ Reading Time:
31 sec. here
2 min. at publisher
📊 Quality Score:
News: 16%
Publisher: 92%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

A look at equities with price momentum in both directions

, the benchmark as a whole is dangerously close to overbought with a 68 reading that is approaching the sell signal at 70.

There is only one stock trading with an attractive RSI below the oversold buy signal of 30 and that is Algonquin Power and Utilities. There are 28 overbought, technically vulnerable benchmark constituents this week. The five most overbought stocks are Home Capital Group Inc., Chemtrade Logistics Income Fund, IAMGOLD Corp., George Weston Ltd. and Quebecor Inc.

There are seven companies showing strong price momentum by hitting new 52-week highs and they are ranked by market capitalization in the table below. The three biggest companies are Canadian Pacific Railway Ltd., CGI Inc., and George Weston.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Écrire un Commentaire

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Monday’s small-cap stocks to watchOur roundup of Canadian small-caps of between $100-million and $3-billion in market capitalization making news
La source: globeandmail - 🏆 5. / 92 Lire la suite »