Skip to main content

The S&P/TSX composite was almost exactly flat for the trading week ending with Friday’s close, falling 0.07 per cent. Year to date the benchmark is lower by 6.0 per cent.

Relative Strength Index (RSI) leaves the index in the upper end of technically neutral territory with a 58 reading that is closer to the RSI sell signal of 70 than the oversold, RSI buy signal of 30.

There are four oversold companies trading below the RSI buy signal of 30 this week. In order, these are Spin Master Corp., Chartwell Retirement Residences, ECN Capital Corp. and Westshore Terminals Investment Corp.

There are eight stocks trading in the overbought range with RSIs above the 70 sell signal. The five most overbought companies are Martinrea International Inc., Enerflex Ltd., Imperial Oil ltd., Freehold Royalties Ltd., and Canadian Natural Resources.

There are four index members showing strong price momentum by hitting new 52-week highs and they are ranked by market capitalization in the table below. Restaurant Brands International is the largest company followed by Enerplus Corp., Nuvista Energy Ltd. and Freehold Royalties.

There are six stocks making new 52-week lows, led by Colliers International Group Inc., Parkland Corp., and Spin Master.

Stocks falling to 52-week lows

Return 1W %Return YTD %Market Cap
CIGI-TCOLLIERS INTERNATIONAL GROUP-10.16-37.455,093,455,383
PKI-TPARKLAND CORP-8.90-23.324,562,986,726
TOY-TSPIN MASTER CORP-SUB VTG SHR-23.62-29.403,480,617,902
TCN-TTRICON RESIDENTIAL INC-6.07-42.333,008,631,412
WTE-TWESTSHORE TERMINALS INVESTME-4.61-5.091,493,517,484
CTS-TCONVERGE TECHNOLOGY SOLUTION-14.34-54.921,047,579,996

Stocks jumping to 52-week highs

Return 1W %Return YTD %Market Cap
QSR-TRESTAURANT BRANDS INTERN1.499.9136,780,558,481
ERF-TENERPLUS CORP6.9886.495,529,676,997
NVA-TNUVISTA ENERGY LTD7.71100.723,133,429,956
FRU-TFREEHOLD ROYALTIES LTD2.5457.552,616,686,465

Overbought and oversold stocks

OVERSOLD STOCKSRSI 14DPX LASTMOV_AVG_200DLAST_CLOSE_TRR_1WKLAST_CLOSE_TRR_YTDPE_RATIOBEST_PE_RATIO
TOY-TSPIN MASTER CORP-SUB VTG SHR17.7933.8044.83-23.62-29.408.4013.37
CSH-UN-TCHARTWELL RETIREMENT RESIDEN24.337.7111.28-6.77-31.70#N/A N/A#N/A N/A
ECN-TECN CAPITAL CORP27.473.595.67-14.52-32.41#N/A N/A10.56
WTE-TWESTSHORE TERMINALS INVESTME30.7723.6130.49-4.61-5.0916.5515.79
OVERBOUGHT STOCKSRSI 14DPX LASTMOV_AVG_200DLAST_CLOSE_TRR_1WKLAST_CLOSE_TRR_YTDPE_RATIOBEST_PE_RATIO
MRE-TMARTINREA INTERNATIONAL INC77.2210.749.2522.88-5.0510.654.77
EFX-TENERFLEX LTD74.657.687.1410.031.29182.897.91
IMO-TIMPERIAL OIL LTD73.2477.1261.394.7471.798.207.73
FRU-TFREEHOLD ROYALTIES LTD72.7317.3814.512.5457.555.5212.59
CNQ-TCANADIAN NATURAL RESOURCES72.1382.4572.341.3362.378.067.97
PSI-TPASON SYSTEMS INC71.6815.6914.347.6938.3615.6912.80
QSR-TRESTAURANT BRANDS INTERN71.2081.8571.891.499.9122.4720.37
SES-TSECURE ENERGY SERVICES INC70.817.546.156.9543.9112.0212.76

Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter. Sign up today.