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The S&P/TSX Composite took a bit of a beating for the shortened trading week ending with Thursday’s close, falling 1.7 per cent. The benchmark stands 14.1 per cent higher for 2019.

The index’s Relative Strength Index (RSI) is 39, leaving it in the neutral range between the oversold sell signal of 30 and the overbought RSI sell signal of 70.

There are 36 benchmark members trading at technically attractive levels below the RSI buy signal this week. Topping the list are Canfor Corp., Magna International Inc., Peyto Exploration and Development Corp., Hudbay Minerals Inc., Norbord Inc. and SNC Lavalin Group Inc.

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There are a surprisingly large number (18) of overbought, technically vulnerable stocks this week given the falling index. Westjet Airlines Ltd., Hydro One Ltd., Alimentation Couche-Tard Inc. and Morneau Shepell Inc. are the most overbought stocks in the index.

There are 15 S&P/TSX Composite companies hitting 52-week highs. This week, I’ve sorted the list by market cap, which puts Alimentation Couche-Tard at the top of the list, followed by Thomson Reuters Corp., Restaurant Brands International Inc., Telus Corp. CGI Inc., and Constellation Software Inc.

Of the 23 stocks with the weakest price momentum, those making new 52-week lows, the largest market caps are Magna International Inc., Husky Energy Inc., Methanex Corp., SNC Lavalin Group Inc., and West Fraser Timber Co. Ltd.

RSIPrice200DMAReturn 1W %Retrun YTD %PE Ratio TTMPE Ratio Fwd
CFP-TCANFOR CORP16.039.2718.71-12.13-43.924.517.69
MG-TMAGNA INTERNATIONAL INC18.1458.7067.12-1.41-3.796.376.73
PEY-TPEYTO EXPLORATION & DEV CORP18.914.988.70-12.94-28.857.648.59
HBM-THUDBAY MINERALS INC19.836.157.30-11.76-4.69194.1116.11
OSB-TNORBORD INC20.8428.1738.39-7.82-21.485.799.96
SNC-TSNC-LAVALIN GROUP INC20.8825.5542.93-4.52-43.99#N/A N/A10.69
WFT-TWEST FRASER TIMBER CO LTD21.6252.9370.99-8.28-21.286.8510.94
FM-TFIRST QUANTUM MINERALS LTD22.299.8513.91-17.99-10.7510.7610.50
CLS-TCELESTICA INC22.388.8112.75-6.87-26.3410.718.72
NVA-TNUVISTA ENERGY LTD23.193.115.17-13.85-23.778.937.15
MEG-TMEG ENERGY CORP23.274.447.26-17.32-42.4113.169.76
TRQ-TTURQUOISE HILL RESOURCES LTD23.591.592.39-9.14-29.335.0018.48
IFP-TINTERFOR CORP23.6312.0016.73-10.04-16.7811.2316.93
PAAS-TPAN AMERICAN SILVER CORP24.2213.8918.56-4.62-29.89170.6827.26
FVI-TFORTUNA SILVER MINES INC24.463.354.92-4.29-33.0017.8712.58
VII-TSEVEN GENERATIONS ENERGY - A24.487.7711.79-13.86-
MX-TMETHANEX CORP25.1460.0880.86-7.41-7.968.689.08
VET-TVERMILION ENERGY INC25.1828.8834.91-8.523.2130.6612.59
CM-TCAN IMPERIAL BK OF COMMERCE26.12103.87113.19-6.073.498.668.37
YRI-TYAMANA GOLD INC26.232.503.25-8.09-21.9769.1497.86
TOU-TTOURMALINE OIL CORP26.2317.7319.96-9.954.9213.1816.05
PD-TPRECISION DRILLING CORP26.462.553.49-13.567.59#N/A N/A#N/A N/A
IPL-TINTER PIPELINE LTD26.5020.4421.91-1.679.2414.6515.50
TECK/B-TTECK RESOURCES LTD-CLS B27.1026.3829.76-7.15-10.096.957.10
SCL-TSHAWCOR LTD27.1517.7621.66-4.948.7766.5131.16
LNR-TLINAMAR CORP27.2344.2051.09-2.47-
MRE-TMARTINREA INTERNATIONAL INC27.3910.1912.22-3.41-5.814.544.13
UNS-TUNI-SELECT INC28.1512.9818.57-1.14-32.6810.0811.52
HSE-THUSKY ENERGY INC28.5612.5416.84-7.93-10.3210.3910.28
CNQ-TCANADIAN NATURAL RESOURCES28.6234.8238.08-7.056.7514.6710.24
TA-TTRANSALTA CORP28.818.657.67-1.9355.51#N/A N/A#N/A N/A
AFN-TAG GROWTH INTERNATIONAL INC28.9553.0456.640.0014.9218.6315.18
BCB-TCOTT CORPORATION29.0017.8919.74-4.13-5.5278.8630.24
NTR-TNUTRIEN LTD29.0963.8070.11-5.310.3220.8115.22
GTE-TGRAN TIERRA ENERGY INC29.262.663.57-9.52-10.748.30#N/A N/A
KEL-TKELT EXPLORATION LTD29.954.665.96-15.580.4372.4018.49
RSIPrice200DMAReturn 1W %Retrun YTD %PE Ratio TTMPE Ratio Fwd
WJA-TWESTJET AIRLINES LTD86.5230.1419.670.4768.6239.3221.44
H-THYDRO ONE LTD83.0422.7520.281.3413.61#N/A N/A#N/A N/A
ATD-B-TALIMENTATION COUCHE-TARD -B80.0685.7770.042.5026.5018.8820.00
MSI-TMORNEAU SHEPELL INC78.5429.5727.113.8319.2366.1337.43
IFC-TINTACT FINANCIAL CORP78.26118.47106.021.8720.2726.3315.71
EMA-TEMERA INC77.2751.7844.850.9621.3817.8517.90
BYD-UN-TBOYD GROUP INCOME FUND75.35166.91126.83-0.2947.9843.0730.49
BEP-UN-TBROOKFIELD RENEWABLE PARTNER74.8843.8139.372.2626.07243.8872.24
SMU-UN-TSUMMIT INDUSTRIAL INCOME REI74.5212.6410.141.5334.266.09#N/A N/A
TRI-TTHOMSON REUTERS CORP74.4087.0367.96-0.3233.61211.5850.10
BEI-UN-TBOARDWALK REAL ESTATE INVEST74.2842.7343.510.2113.96201.29#N/A N/A
CRR-UN-TCROMBIE REAL ESTATE INVESTME73.4015.3013.540.9924.8029.28#N/A N/A
WCN-TWASTE CONNECTIONS INC71.86127.76107.82-0.0526.5542.6533.13
GIB-A-TCGI INC71.6798.6286.681.2518.1122.8019.94
AQN-TALGONQUIN POWER & UTILITIES71.4715.7714.180.9616.1816.03#N/A N/A
DOL-TDOLLARAMA INC71.4343.2138.564.8333.3825.6023.43
AC-TAIR CANADA71.3739.4929.00-2.2552.1217.8910.30
EFN-TELEMENT FLEET MANAGEMENT COR70.899.917.581.7544.17#N/A N/A11.00

Source: Scott Barlow/Bloomberg

Stocks hitting 52-week highs

Return 1W %Return YTD %Market Cap
ATD-B-TALIMENTATION COUCHE-TARD -B2.5026.50 48,375,011,757
TRI-TTHOMSON REUTERS CORP-0.3233.61 43,543,997,969
QSR-TRESTAURANT BRANDS INTERN1.2830.67 42,559,452,465
T-TTELUS CORP1.9812.84 30,329,876,441
GIB-A-TCGI INC1.2518.11 27,035,197,448
FTS-TFORTIS INC1.2013.41 21,834,502,167
IFC-TINTACT FINANCIAL CORP1.8720.27 16,489,677,470
OTEX-TOPEN TEXT CORP0.2022.71 14,685,552,366
H-THYDRO ONE LTD1.3413.61 13,557,655,020
EMA-TEMERA INC0.9621.38 12,282,216,000
CAE-TCAE INC5.7535.34 8,938,170,917
EMP-A-TEMPIRE CO LTD 'A'0.7310.44 8,591,358,997
REI-UN-TRIOCAN REAL ESTATE INVST TR0.7914.34 8,195,487,982

Stocks dropping to 52-week lows

Return 1W %Return YTD %Market Cap
WFT-TMAGNA INTERNATIONAL INC-1.41-3.79 19,200,097,564
VII-THUSKY ENERGY INC-7.93-10.32 12,825,353,377
HSE-TMETHANEX CORP-7.41-7.96 4,658,097,840
MEG-TSNC-LAVALIN GROUP INC-4.52-43.99 4,531,055,244
TRQ-TWEST FRASER TIMBER CO LTD-8.28-21.28 3,715,428,326
CFP-TFINNING INTERNATIONAL INC-4.10-4.64 3,646,827,069
IFP-TTURQUOISE HILL RESOURCES LTD-9.14-29.33 3,219,703,150
BCB-TSEVEN GENERATIONS ENERGY - A-13.86-30.25 2,750,101,971
NXE-TCOTT CORPORATION-4.13-5.52 2,438,429,688
MX-TYAMANA GOLD INC-8.09-21.97 2,385,165,943
GTE-TNORBORD INC-7.82-21.48 2,310,060,433
FVI-TMEG ENERGY CORP-17.32-42.41 1,356,563,694
HBC-THUDSON'S BAY CO-4.90-6.57 1,256,413,675
CLS-TCANFOR CORP-12.13-43.92 1,189,584,300
PEY-TCELESTICA INC-6.87-26.34 1,164,771,563
NVA-TGRAN TIERRA ENERGY INC-9.52-10.74 1,042,548,491
CEU-TPEYTO EXPLORATION & DEV CORP-12.94-28.85 830,965,842
WEF-TINTERFOR CORP-10.04-16.78 813,240,277
FTT-TNUVISTA ENERGY LTD-13.85-23.77 709,782,869
MG-TNEXGEN ENERGY LTD-5.67-24.07 655,492,731
OSB-TCES ENERGY SOLUTIONS CORP-8.98-28.73 598,009,610
YRI-TFORTUNA SILVER MINES INC-4.29-33.00 536,580,716

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