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Weekly TSX roundup: airlines overbought, Cameco oversold

According to the 14 day Relative Strength Index , Cameco Corp. joins the ranks of oversold stocks this week while Air Canada achieves the dubious honour of most overbought stock on the S&P/TSX Composite.

One of the more interesting trends this week is that investors appear to be sorting between the haves and have-nots in the energy space. Throughout much of the post-crisis era, energy stocks traded roughly in line with each other. This week, however, Bonterra Energy Corp and Bonavista Energy Trust are overbought but Nuvista Energy Ltd and Birchcliff Energy Ltd are deeply oversold.