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The most oversold and overbought stocks on the TSX

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A look at equities with price momentum in both directions

of 56 leaves it in the technically neutral range, between the oversold buy signal of 30 and the overbought, RSI sell signal of 70.

There are four companies trading with attractive RSIs below the 30 buy signal this week. GoEasy Ltd. is the most oversold company, followed by Canopy Growth Corp. Northwest Healthcare Properties REIT and Artis REIT. There are 14 stocks with technically vulnerable RSIs above the 70 sell signal this week. The five most overbought companies are Osisko Mining Inc., Thomson Reuters Corp., Brookfield Renewable Partners LP, Boralex Inc. and Shaw Communications inc.

There are also 14 stocks showing strong price momentum by making new 52-week highs and they are sorted by market capitalization in the table below. The largest companies hitting new highs are Thomson Reuters, Alimentation Couche-Tard Inc., Constellation Software Inc., CGI inc. and George Weston Ltd.Stocks jumping to 52-week highs

 

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