The S&P/TSX Composite fell 1.2 per cent for the trading week ending with Friday’s close and is now 7.7 per cent higher for 2026. The benchmark’s Relative Strength Index (RSI) of 57 leaves it in technically neutral territory although marginally closer to the overbought sell signal of 70 than the technically attractive, oversold RSI buy signal of 30.
There is only one stock, Goeasy Ltd, on the oversold list this week and it’s been mired there for a number of weeks.
There are 16 benchmark constituents with RSIs above the 70 sell signal, implying a higher likelihood of a temporary pullback. Boralex Inc. is the most overbought stock in the TSX and TFI International Inc., Sun Life Financial Inc., Mullen Group Ltd. and IA Financial Corp. Inc. round out the top five.
There are 11 stocks showing strong price momentum by hitting new 52-week highs and they are ranked by market capitalization in a table below. Canadian National Railway Co., Celestica Inc., Sun Life Financial, Aritzia Inc. and TFI International Inc. are the largest companies making new highs.
There are no stocks making new 52-week lows.