The most oversold and overbought stocks on the TSX

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 92%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

A look at equities with price momentum in both directions

of 47 leaves it in neutral technical territory, close to the midway point between the oversold buy signal of 30 and the overbought RSI sell signal of 70.

There are 16 technically attractive index constituents with RSIs below the 30 buy signal. The five most oversold companies are Canopy Growth Corp., North West Co. Inc., George Weston Ltd., Nuvei Corp., and Northland Power Inc. There are three overbought TSX stocks with technically vulnerable RSIs above the 70 sell signal. In order, these are Onex Corp., Celestica Inc. and Air Canada.

There are five S&P/TSX Composite members showing strong price momentum by hitting new 52-week highs and they are ranked by market capitalization in the table below. The largest companies making new highs are Dollarama Inc., Stantec Inc. and Finning International Inc.Stocks jumping to 52-week highs

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 NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

American access to B.C. stocks of diabetes drug Ozempic slashedThe drug is prescribed for diabetes but is widely used for weight loss due to appetite suppression,
Source: VancouverSun - 🏆 49. / 61 Read more »

American access to B.C. stocks of diabetes drug Ozempic slashedOzempic was being sent to American customers mostly from two online B.C. pharmacies using prescriptions issued by a doctor in Nova Scotia.
Source: timescolonist - 🏆 15. / 75 Read more »

The highest-yielding stocks on the TSX, plus risk dataA look at the equities dividend investors should be seeking
Source: globeandmail - 🏆 5. / 92 Read more »