The most oversold and overbought stocks on the TSX

is 38 – in neutral technical territory but closer to the oversold buy signal of 30 than the overbought RSI Sell signal of 70.

There are 18 index members with attractive RSIs below the buy signal of 30. The five most oversold companies are H&R REIT, Canopy Growth Corp., First Majestic Silver Corp., Nutrien Ltd. and Enbridge Inc. Rogers Communications Inc. and Telus Corp. are also on the list. There are only three stocks trading with RSIs above the overbought sell signal - Bellus Health Inc., Westshore Terminal Investment Corp. and Celestica Inc.

There are four S&P/TSX Composite constituents showing strong price momentum by hitting new 52-week highs and they are sorted by market capitalization in the table below. The stocks are Restaurant Brands International, Fairfax Financial Holdings Ltd., Open Text Corp. and Kinaxis Inc. The largest stocks on the eight-member list of 52-week lows are Enbridge Inc., Nutrien Ltd., Gibson Energy Inc. and First Majestic Silver Corp.

Ireland Ireland Latest News, Ireland Ireland Headlines

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

Stock market today: Asian markets mostly higher after Biden-McCarthy deal on U.S. debtAsian shares are mostly higher after President Joe Biden and House Speaker Kevin McCarthy reached a final agreement on a deal to raise the U.S. national debt ceiling, though the measure requires approval by Congress.
Source: CTVCalgary - 🏆 26. / 68 Read more »

Debt deal could boost unloved corners of U.S. stock market, though risks loomCyclicals and small caps are poised to benefit, according to some investors
Source: globeandmail - 🏆 5. / 92 Read more »

Holding cash can seem like a good idea, but it can be riskier than buying stocksStoring away cash for long periods is similar to voluntarily agreeing to lower your salary each year thanks to inflation effects. Read on.
Source: VancouverSun - 🏆 49. / 61 Read more »

Holding cash can seem like a good idea, but it can be riskier than buying stocksStoring away cash for long periods is similar to voluntarily agreeing to lower your salary each year thanks to inflation effects. Read on.
Source: fpinvesting - 🏆 43. / 63 Read more »