The most oversold and overbought stocks on the TSX

of 38 leaves it in the lower end of technical neutral range, closer to the oversold buy signal of 30 than the overbought, RSI sell signal of 70.

There are 19 technically attractive index constituents with RSIs below 30 this week. The five most oversold stocks are Air Canada, MTY Food Group Inc., Park Lawn Corp, Laurentian Bank of Canada and Nuvei Corp. There is only one stock trading in the overbought range with an RSI above the 70 sell signal – North West Co. Inc. Fairfax Financial is close to overbought with a 69 RSI.

Fairfax Financial Holdings Ltd. is also among two companies showing strong price momentum by hitting a new 52-week high. The other is SNC-Lavalin Group Inc. There area 11 stocks establishing new 52-week lows and they are ranked by market capitalization in the table below. The biggest companies making new lows are Nuvei Corp., H&R REIT, Allied Properties REIT, Canfor Corp. and Canada Goose Holdings.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Why the Federal Reserve hasn't spooked the stock market...yetThe world of business hasn't slowed much in the face of a lot of Fed rate hikes...and uncertainty on the rate outlook.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stocks struggle to shake off Fed rate worries: Stock market news todayWall Street stocks struggled to advance on Monday, as the Federal Reserve's 'higher for longer' interest rate strategy continued to pile on pressure as a US government shutdown loomed.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »