The S&P/TSX Composite climbed 2.3 per cnet for the trading week ending with Friday’s close and stands 6.9 per cent higher for 2026 including dividends. The benchmark’s Relative Strength Index (RSI) of 63 leaves it in the upper reaches of technically neutral territory, much closer to the overbought RSI sell signal of 70 than the oversold buy signal of 30.
There are six index constituents with attractive RSIs below the buy signal this week. Thomson Reuters Corp. is the most oversold company followed by Allied Properties REIT, CGI Inc., Enghouse Systems Ltd., Kinaxis Inc and Superior Plus Corp.
There are 18 benchmark stocks with RSIs above the overbought warning at 70. Winpak Ltd. is the most overbought company followed by Canadian Pacific Kansas City Ltd., ATCO Ltd., Canadian Natural Resources Ltd. and Canadian Utilities Ltd.
The list of S&P/TSX Composite stocks trading at new 52-week highs is enormous at 39 and they are ranked by market cap in a table below. The biggest companies making new highs are Agnico Eagle Mines Ltd., Bank of
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