The S&P/TSX Composite jumped 2.1 per cent for the trading week ending with Friday’s close and is now higher by 1.3 per cent for 2026. The benchmark’s Relative Strength Index (RSI) of 41 leaves it in technical neutral territory, closer to the oversold buy signal at 30 than the overbought RSI sell signal of 70.
There are six technical attractive stocks with RSIs below the buy signal this week. Goeasy Ltd. is the most oversold company in the benchmark with Pet Valu Holdings Ltd., Premium Brands Holdings Corp., The Boyd Group Inc., Gildan Activewear Inc. and Dollarama Inc. close behind.
There are 18 stocks with RSIs above the sell signal of 70, indicating overbought conditions and a higher probability of a temporary pullback. Transcontinental Inc. is the most overbought company followed by Boralex Inc., Suncor Energy Inc., Sparta Delta Corp and Precision Drilling Corp.
The are 20 TSX constituents showing strong price momentum by hitting new 52-week highs and they are ranked by market capitalization in a table below. Enbridge Inc., Suncor Energy, Imperial Oil Ltd., Cenovus Energy Inc. and Pembina Pipeline Corp. are the biggest companies making new highs.
Intact Financial Corp., WSP Global Inc., GFL Environmental Inc. Open Text Corp. and The Boyd Group established new 52-week lows.