The week’s most oversold and overbought stocks on the TSX

Published June 14, 2019 Updated October 24, 2020

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The S&P/TSX Composite eased higher by 0.2 per cent for the trading week ending with Thursday’s close and stands 14.9 per cent higher year to date.

In technical terms, the benchmark is firmly in neutral territory with a Relative Strength Index (RSI) reading of 49 that it almost exactly mid-way between the oversold RSI buy signal of 30 and the overbought sell signal of 70.

There are 16 oversold index members this week led by Nuvista Energy Ltd. Peyto Exploration and Development Corp., Saputo Inc., Tourmaline Oil Corp., Kelt Exploration Ltd., and Enerplus Corp. follow Nuvista .

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There are 19 overbought, technically vulnerable benchmark stocks this week, according to RSI.

WestJet Airlines Ltd. is the most overbought company in the index followed by Hudson’s Bay Co., Semafo Inc., Laurentian Bank of Canada, Premium Brands Holdings Corp and Detour Gold Corp.

Stocks with the strongest price momentum, those making new 52-week highs, are sorted by market capitalization in the table below.

CGI Group Inc. is the largest company making new highs this week, followed by Centerra Gold Inc., Pretium Resources Inc., Empire Co. Ltd., and Ero Copper Corp.

There is only one stock making new 52-week lows, Nuvista Energy Ltd.

	Oversold	RSI	Price	200DMA	Return 1W %	Retrun YTD %	PE Ratio TTM	PE Ratio Fwd
NVA-T	NUVISTA ENERGY LTD	16.62	2.51	4.81	-10.64	-38.24	7.20	6.90
VII-T	SEVEN GENERATIONS ENERGY - A	20.95	6.54	11.16	-5.58	-40.75	5.19	4.82
PEY-T	PEYTO EXPLORATION & DEV CORP	21.74	4.04	8.26	-7.36	-42.19	6.20	8.54
SAP-T	SAPUTO INC	22.37	39.50	41.55	-7.45	1.76	23.79	22.33
TOU-T	TOURMALINE OIL CORP	23.08	15.78	19.58	-4.98	-5.14	11.73	18.20
KEL-T	KELT EXPLORATION LTD	23.79	3.91	5.60	-11.26	-16.81	60.74	17.53
ERF-T	ENERPLUS CORP	27.49	9.04	12.30	-4.02	-14.22	6.83	6.98
BIR-T	BIRCHCLIFF ENERGY LTD	27.90	2.73	3.75	-7.67	-8.23	9.29	10.92
GWO-T	GREAT-WEST LIFECO INC	28.15	29.68	30.63	-4.50	8.21	6.53	9.39
ECA-T	ENCANA CORP	28.47	6.54	10.55	-3.44	-15.96	6.22	5.54
VET-T	VERMILION ENERGY INC	28.49	27.11	33.94	-4.75	-2.52	28.78	11.82
ARX-T	ARC RESOURCES LTD	28.75	6.72	10.13	-5.96	-13.94	13.14	14.77
ENB-T	ENBRIDGE INC	29.06	45.92	46.15	-3.32	11.23	16.51	18.92
IPL-T	INTER PIPELINE LTD	29.45	19.94	21.60	-1.86	6.88	14.29	15.11
ESI-T	ENSIGN ENERGY SERVICES INC	29.76	4.76	5.42	-3.26	1.24	#N/A N/A	#N/A N/A
TRST-T	CANNTRUST HOLDINGS INC	30.03	6.54	9.66	-4.02	1.67	#N/A N/A	#N/A N/A

Source: Scott Barlow/Bloomberg

	Overbought	RSI	Price	200DMA	Return 1W %	Retrun YTD %	PE Ratio TTM	PE Ratio Fwd
		RSI	Price	200DMA	Return 1W %	Retrun YTD %	PE Ratio TTM	PE Ratio Fwd
WJA-T	WESTJET AIRLINES LTD	81.50	30.11	20.58	0.47	69.29	39.28	22.27
HBC-T	HUDSON'S BAY CO	79.82	9.35	8.25	43.03	28.33	#N/A N/A	#N/A N/A
SMF-T	SEMAFO INC	75.87	4.86	3.29	5.23	63.73	90.98	11.99
LB-T	LAURENTIAN BANK OF CANADA	75.21	44.79	42.17	2.02	19.86	9.84	9.58
PBH-T	PREMIUM BRANDS HOLDINGS CORP	74.18	88.71	81.74	4.07	19.67	28.76	21.45
DGC-T	DETOUR GOLD CORP	74.13	14.23	11.71	3.09	21.42	1025.61	37.33
AIF-T	ALTUS GROUP LTD	73.80	31.21	27.03	2.66	32.99	349.05	20.24
MTY-T	MTY FOOD GROUP INC	73.64	63.26	62.46	2.90	4.88	14.73	17.87
PVG-T	PRETIUM RESOURCES INC	73.60	12.99	10.56	3.92	10.11	26.86	14.13
AEM-T	AGNICO EAGLE MINES LTD	72.81	62.85	52.62	0.89	13.70	232.82	68.49
DOL-T	DOLLARAMA INC	72.77	46.12	38.23	7.06	45.05	26.99	24.32
CCL-B-T	CCL INDUSTRIES INC - CL B	72.17	63.71	56.10	0.91	28.71	23.28	21.42
NFI-T	NFI GROUP INC	71.87	37.60	37.60	6.02	12.08	11.83	10.29
CG-T	CENTERRA GOLD INC	71.31	8.48	6.30	1.21	42.49	15.08	11.12
FCR-T	FIRST CAPITAL REALTY INC	71.14	22.12	20.41	1.51	18.55	23.15	#N/A N/A
ABX-T	BARRICK GOLD CORP	70.98	18.67	16.75	2.27	0.72	1659.94	38.45
GIB-A-T	CGI INC	70.85718	101.4	87.76745	1.811812	21.80838	23.44582974	20.48071097
EIF-T	EXCHANGE INCOME CORP	70.04839	37.88	32.0617	2.727769	36.95852	17.05208722	11.79327522
FTS-T	FORTIS INC	70.04781	51.98	46.60795	0.1544103	16.14511	20.36536178	19.36661699

Source: Scott Barlow/Bloomberg

Stocks reaching 52-week highs

		Return 1W %	Return YTD %	Market Cap
GIB-A-T	CGI INC	1.81	21.81	27777519616
FTS-T	FORTIS INC	0.15	16.15	22429696166
OTEX-T	OPEN TEXT CORP	1.21	25.00	14772381789
EMP-A-T	EMPIRE CO LTD 'A'	1.47	10.58	8640396239
REI-UN-T	RIOCAN REAL ESTATE INVST TR	0.67	15.47	8235376167
FSV-T	FIRSTSERVICE CORP	0.53	37.08	5043135564
FCR-T	FIRST CAPITAL REALTY INC	1.51	18.55	4841411994
CG-T	CENTERRA GOLD INC	1.21	42.49	2474248181
PVG-T	PRETIUM RESOURCES INC	3.92	10.11	2384687898
SMF-T	SEMAFO INC	5.23	63.73	1620617649
ERO-T	ERO COPPER CORP	6.50	95.31	1608519600
EIF-T	EXCHANGE INCOME CORP	2.73	36.96	1196503108

Stocks falling to 52-week lows

		Return 1W %	Return YTD %	Market Cap
NVA-T	NUVISTA ENERGY LTD	-10.64	-38.24	563333488

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