News Formal

The most oversold and overbought stocks on the TSX

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 44 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 56%
  • Publisher: 92%

Inc ニュース

Cent,Index,Rsi

A look at equities with momentum in both directions

The S&P/TSX Composite dropped 0.8 per cent for the trading week ending with Friday’s close and now stands 18.7 per cent higher for 2024. The index’s of 49 leaves it almost exactly at the midpoint between the attractive RSI buy signal at 30 and the overbought, technically vulnerable sell signal of 70.

There are 15 benchmark constituents with attractive, oversold RSIs below 30. The most oversold companies are Boardwalk REIT, Converge Technology Solutions Corp., Canadian Apartment Properties REIT, Interrent REIT and Linamar Corp. The 14 overbought index members with RSIs above 70 are led by Bausch Health Cos Inc., CI Financial Corp., Air Canada, Secure Energy Services Inc. and AtkinsRéalis Group Inc.

There are 10 TSX stocks showing strong price momentum by hitting new 52-week highs and they are ranked by market capitalization in the table below. The biggest companies making new highs are Fairfax Financial Holdings, Dollarama Inc., AtkinsRéalis Group Inc., Celestica Inc. and Gildan Activewear Inc.

Pfizer struggles to find new revenue sources as vaccine sales fade, but here’s why investors shouldn’t shy away from its stock

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 5. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Investors should underweight Canadian equities, but load up on banks: BMO GAM chief investment officerSadiq Adatia predicts where the TSX and the loonie are heading next
ソース: globeandmail - 🏆 5. / 92 続きを読む »