The S&P/TSX Composite climbed 0.9 per cent for the trading week ending with Friday’s close and is now 21.8 per cent higher for 2026. The benchmark’s Relative Strength Index (RSI) of 60 leaves it in the upper region of technically neutral territory, closer to the overbought sell signal of 70 than the technically attractive, oversold RSI buy signal of 30.
There are six index constituents with attractive RSIs below 30. In order, these are Telus Corp., Dye and Durham Ltd., Rogers Communications Inc., BCE Inc., Methanex Corp. and Parex Resources Inc.
The list of overbought TSX stock is longer at 21 members. The most overbought benchmark constituents are IA Financial Corp., Jamieson Wellness Inc., Sun Life Financial Inc., Primaris REIT and InterRent REIT.
There are 14 stocks showing strong price momentum by hitting new 52-week highs and they are sorted by market capitalization in a table below. The biggest companies making new highs are Canadian National Railway Co., Manulife Financial, Great-West Lifeco., Sun Life Financial and IA Financial Corp.
BCE Inc. is the lone stock making new lows.
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