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The S&P/TSX Composite climbed 0.85 per cent for the trading week ending with Thursday’s close.

The benchmark remains in technical neutral territory with a Relative Strength Index (RSI) reading of 54 that is close to the middle point between the RSI oversold buy signal of 30 and the overbought sell signal of 70.

There are 14 oversold, technically attractive benchmark members by RSI this week, led by Magna International Inc.. Canfor Corp. is the second most oversold stock, followed by SNC-Lavalin Inc., Toromont Industries Ltd., AG Growth international Inc. and Fortuna Silver Mines Inc.

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There are 23 technically extended, overbought index stocks this week.

WestJet Airlines Ltd is well above the RSI sell signal of 70 with a level of 87. Air Canada, Thomson Reuters Corp., Boyd Group Income Fund, Element Fleet Management Corp and Hydro One follow.

We are now listing S&P/TSX Composite stocks hitting new 52 week highs – those showing the highest price momentum – and those hitting 52 week lows.

The stocks hitting new highs include BCE Inc., Canadian National Railway Co., Hydro One Ltd., Loblaw Companies Ltd., and Shopify Inc.. There are five companies hitting new lows - West Fraser Timber Co. Ltd., Canfor Corp., Celestica Inc., Pan American Silver Corp. and Norbord Inc.

OversoldRSIPrice200DMAReturn 1W %Return YTD %PE Ratio TTMPE Ratio Fwd
MG-TMAGNA INTERNATIONAL INC20.1679860.0467.47775-7.015642-2.4090356.4957466966.817430893
CFP-TCANFOR CORP22.3345310.5519.07635-10.05968-36.176655.1326861087.861400894
SNC-TSNC-LAVALIN GROUP INC22.9884326.7643.53305-2.246841-41.33664#N/A N/A11.04872007
TIH-TTOROMONT INDUSTRIES LTD24.4993760.6862.82955-0.930612312.2747924.4242118117.0305922
AFN-TAG GROWTH INTERNATIONAL INC24.6468453.0456.70205-2.53583214.9185418.6347452715.18465502
FVI-TFORTUNA SILVER MINES INC25.510713.54.9898-9.090909-3018.6023357813.03293106
HBM-THUDBAY MINERALS INC26.330466.977.29995-5.0408728.015831219.202440318.64576212
TCL-A-TTRANSCONTINENTAL INC-CL A26.6994514.8921.26045-0.8655127-20.976776.7904329894.226511496
POW-TPOWER CORP OF CANADA27.3456128.127.9963-6.58244716.0831210.849236698.47917924
PAAS-TPAN AMERICAN SILVER CORP27.913314.6118.70495-8.343789-26.49091178.87869229.2600876
WFT-TWEST FRASER TIMBER CO LTD28.1746457.7171.50545-5.871799-14.167987.46571786311.92355372
CLS-TCELESTICA INC28.222279.4612.87185-4.733132-20.9030111.45930389.334226381
MRE-TMARTINREA INTERNATIONAL INC28.5537310.5512.29195-2.854512-2.4834134.705292674.257465698
UNS-TUNI-SELECT INC29.4025513.1318.75445-3.028065-31.9020210.1632192311.61041752
Overbought
RSIPrice200DMAReturn 1W %Return YTD %PE Ratio TTMPE Ratio Fwd
WJA-TWESTJET AIRLINES LTD86.679243019.425960.5995767.8380239.1359818820.90592334
AC-TAIR CANADA83.7868440.428.66212.6289455.6240418.302199910.53729786
TRI-TTHOMSON REUTERS CORP83.1324587.7967.294293.076234.03664212.672986450.58610144
BYD-UN-TBOYD GROUP INCOME FUND80.65982167.39125.86519.21250148.4008443.1966946130.57351598
EFN-TELEMENT FLEET MANAGEMENT COR79.121929.747.503852.31092441.70049#N/A N/A10.89485459
H-THYDRO ONE LTD78.7670722.4520.210153.36095812.11414#N/A N/A#N/A N/A
BAD-TBADGER DAYLIGHTING LTD78.6584348.3834.128511.0142350.7251727.4010780721.00738168
ATD-B-TALIMENTATION COUCHE-TARD -B78.3757883.6869.538653.25765123.4209918.3558882319.40180034
SHOP-TSHOPIFY INC - CLASS A77.03601374.49222.59166.93603798.36326#N/A N/A437.0122692
AX-UN-TARTIS REAL ESTATE INVESTMENT76.5553111.7410.9181510.9640829.2350311.210911998.696296296
BEI-UN-TBOARDWALK REAL ESTATE INVEST76.4279642.6443.572559.67078213.71761200.8686693#N/A N/A
WCN-TWASTE CONNECTIONS INC75.85864127.83107.3023.74127626.6161642.5192473133.09712648
X-TTMX GROUP LTD75.637789382.353859.74746332.4726320.1630518816.5568809
IFC-TINTACT FINANCIAL CORP73.0735116.29105.73873.39646118.0570925.8501842815.42103169
ALA-TALTAGAS LTD73.0698219.1818.182552.7867140.76045#N/A N/A#N/A N/A
L-TLOBLAW COMPANIES LTD72.993370.2160.440292.69123915.4125321.334264916.25231481
CRR-UN-TCROMBIE REAL ESTATE INVESTME72.1936315.1513.500153.5543423.5800328.99710147#N/A N/A
CAS-TCASCADES INC71.595349.7310.639358.958567-4.44157212.41460919.231499051
EMA-TEMERA INC71.496251.2944.66021.68517120.2279917.6820793617.7351314
TRP-TTC ENERGY CORP71.3255564.8856.305752.95144434.7452416.4233366415.92929045
NPI-TNORTHLAND POWER INC70.493525.0622.8872.32748117.4178820.7407403#N/A N/A
CP-TCANADIAN PACIFIC RAILWAY LTD70.40132307.88270.06234.16483427.397321.0545063917.8719452
KEY-TKEYERA CORP70.4001533.4631.69928.07493532.1785225.4326044217.24742268

Source: Bloomberg/Scott Barlow

Stocks reaching 52-week highs

Return 1W %Return YTD %
DSG-TDESCARTES SYSTEMS GRP/THE0.4752.71
EFN-TELEMENT FLEET MANAGEMENT COR2.3141.70
FSV-TFIRSTSERVICE CORP4.0428.30
CP-TCANADIAN PACIFIC RAILWAY LTD4.1627.40
IFC-TINTACT FINANCIAL CORP3.4018.06
H-THYDRO ONE LTD3.3612.11
L-TLOBLAW COMPANIES LTD2.6915.41
QSR-TRESTAURANT BRANDS INTERN1.2329.02
BYD-UN-TBOYD GROUP INCOME FUND9.2148.40
CRR-UN-TCROMBIE REAL ESTATE INVESTME3.5523.58
SHOP-TSHOPIFY INC - CLASS A6.9498.36
AQN-TALGONQUIN POWER & UTILITIES2.4315.07
EMA-TEMERA INC1.6920.23
WCN-TWASTE CONNECTIONS INC3.7426.62
BCE-TBCE INC1.6214.36
TRP-TTC ENERGY CORP2.9534.75
AC-TAIR CANADA12.6355.62
BEP-UN-TBROOKFIELD RENEWABLE PARTNER2.9623.28
ATD-B-TALIMENTATION COUCHE-TARD -B3.2623.42
CAE-TCAE INC2.5627.98
GIB-A-TCGI INC1.7216.65
BAD-TBADGER DAYLIGHTING LTD11.0150.73
TRI-TTHOMSON REUTERS CORP3.0834.04
OTEX-TOPEN TEXT CORP0.1822.47
CNR-TCANADIAN NATL RAILWAY CO1.9226.56

Stocks hitting 52-week lows

Return 1W %Return YTD %
WFT-TWEST FRASER TIMBER CO LTD-5.87-14.17
CFP-TCANFOR CORP-10.06-36.18
CLS-TCELESTICA INC-4.73-20.90
PAAS-TPAN AMERICAN SILVER CORP-8.34-26.49
OSB-TNORBORD INC-6.49-14.82

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