The most oversold and overbought stocks on the TSX

The S&P/TSX Composite Index rose another 0.5 per cent for the trading week ending with Thursday’s close and now stands 6.6 per cent higher for the year. The benchmark is right on the border of technically overbought territory with aThere are two stocks trading with oversold technically attractive RSIs below the RSI buy signal at 30 – Rogers Communications Inc. and BCE Inc.

There are 36 benchmark constituents trading above the RSI sell signal indicating temporary technical vulnerability. The five most overbought companies are Enerplus Corp., Cenovus Energy Inc., Equinox Gold Corp., Eldorado Gold Corp and Primo Water Corp. There are 20 S&P/TSX Composite stocks showing strong price momentum by hitting new 52-week highs and they are ranked by market capitalization in the table below. The five biggest stocks making new highs are Royal Bank of Canada, Canadian Natural Resources Ltd., Bank of Montreal, Bank of Nova Scotia and Suncor Energy Inc..

Study and track financial data on any traded entity: click to open the full quote page. Data updated as of

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.

Energy stocks help S&P/TSX composite creep higher, U.S. stock markets mixedTORONTO — Strength in energy stocks helped Canada's main stock index creep higher in late-morning trading, while U.S. stock markets were mixed. The S&P/TSX...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Utility and tech stocks boost S&P/TSX composite, U.S. stock markets also riseTORONTO — Strength in utility and technology stocks helped Canada's main stock index move up in late-morning trading, while U.S. stock markets also climbed...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »