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

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


The S&P/TSX Composite climbed 2.0 per cent for the buying and selling week ending with Thursday’s shut, and, for the reason that benchmark was flat yr so far final week, it’s now 2.0 per cent increased for 2020.

The index is quick approaching overbought territory with a Relative Power Index (RSI) of 65. That is far nearer to the overbought promote sign of 70 than the oversold purchase sign of 30.

There are 4 technically engaging index constituents this week in response to RSI. Wesdome Gold Mines Ltd. is essentially the most oversold firm this week, and it’s adopted by BRP Inc., Altus Group Ltd. and Kirkland Lake Gold Ltd.

Story continues under commercial

There are nearly 40 technically weak S&P/TSX Composite shares buying and selling above the RSI promote sign of 70 this week. Probably the most overbought shares are a mixture of industrials, actual property and monetary companies. Linamar Corp and H&R REIT are essentially the most overbought firms. The highest 25 most overbought shares additionally options House Capital Group Inc., Intertape Polymer Group Inc., Toronto-Dominion Financial institution, Financial institution of Nova Scotia, Aecon Group Inc. and Boardwalk REIT.

There are 4 benchmark firms exhibiting robust value momentum by hitting new 52-week highs and they’re ranked by market capitalization under.

Norbord Inc. is the most important inventory making new highs and it’s joined by Hudbay Minerals Inc., Transcontinental Inc. and Interfor Corp.

There aren’t any index firms hitting new 52-week lows.

Shares hitting 52-week highs

Return 1W % Return YTD % Market Cap
OSB-T NORBORD INC 17.46 41.01 3,897,810,000
HBM-T HUDBAY MINERALS INC 11.70 40.95 1,969,992,019
TCL-A-T TRANSCONTINENTAL INC-CL A 7.95 20.19 1,558,512,739
IFP-T INTERFOR CORP 12.57 28.22 1,265,440,455

This week’s overbought and oversold shares on the TSX

OVERSOLD STOCKS RSI Worth 200DMA Return 1W % Return YTD % PE Ratio TTM PE Ratio Fwd
WDO-T WESDOME GOLD MINES LTD 25.60 10.09 11.54 -9.10 -0.79 26.59 11.34
DOO-T BRP INC/CA- SUB VOTING 28.10 62.50 55.35 -4.52 5.65 28.82 14.83
AIF-T ALTUS GROUP LTD 28.24 47.80 45.90 -16.87 27.25 53.63 26.12
KL-T KIRKLAND LAKE GOLD LTD 28.32 52.85 57.36 -10.67 -6.76 13.17 9.39
OVERBOUGHT STOCKS RSI Worth 200DMA Return 1W % Return YTD % PE Ratio TTM PE Ratio Fwd
LNR-T LINAMAR CORP 83.13 60.20 39.06 6.84 23.68 14.91 10.00
HR-UN-T H&R REAL ESTATE INV-REIT UTS 83.13 13.66 11.44 16.06 -30.79 7.36 #N-A N-A
GC-T GREAT CANADIAN GAMING CORP 82.66 38.76 28.42 2.32 -9.94 263.52 168.52
HCG-T HOME CAPITAL GROUP INC 81.29 29.48 21.96 8.22 -10.56 10.03 7.76
ITP-T INTERTAPE POLYMER GROUP INC 79.41 22.17 13.98 9.86 40.71 14.32 10.48
TD-T TORONTO-DOMINION BANK 77.33 68.41 61.76 6.06 -1.35 12.97 12.82
BNS-T BANK OF NOVA SCOTIA 77.18 62.99 57.71 3.48 -8.78 11.42 11.17
CHR-T CHORUS AVIATION INC 76.52 4.19 3.36 24.70 -46.95 8.55 6.90
SES-T SECURE ENERGY SERVICES INC 76.02 1.95 1.76 19.63 -59.72 #N-A N-A #N-A N-A
CIGI-T COLLIERS INTERNATIONAL GROUP 75.66 112.46 84.40 9.08 11.33 32.95 19.25
MRE-T MARTINREA INTERNATIONAL INC 75.56 13.12 9.97 4.88 -6.67 #N-A N-A 6.30
BMO-T BANK OF MONTREAL 75.23 92.27 77.39 6.34 -3.33 12.26 11.97
ARE-T AECON GROUP INC 74.83 16.16 14.67 4.94 -4.45 53.85 17.06
PSI-T PASON SYSTEMS INC 74.69 6.75 7.35 18.01 -45.57 35.22 #N-A N-A
RY-T ROYAL BANK OF CANADA 74.37 103.97 93.61 3.67 5.89 13.36 12.57
BEI-UN-T BOARDWALK REAL ESTATE INVEST 74.27 33.67 30.54 12.57 -24.64 #N-A N-A #N-A N-A
MX-T METHANEX CORP 74.27 49.69 29.33 10.52 2.24 #N-A N-A 369.87
WCP-T WHITECAP RESOURCES INC 74.17 3.35 2.43 17.54 -34.24 #N-A N-A 670.00
EXE-T EXTENDICARE INC 74.17 6.36 6.02 12.97 -19.46 18.83 #N-A N-A
BAM-A-T BROOKFIELD ASSET MANAGE-CL A 73.13 53.32 46.19 12.68 7.68 55.66 16.03
CM-T CAN IMPERIAL BK OF COMMERCE 73.11 109.44 94.25 3.31 6.29 11.53 10.76
REI-UN-T RIOCAN REAL ESTATE INVST TR 73.09267 17.23 16.8074 8.092848 -30.80594 #N-A N-A #N-A N-A
EQB-T EQUITABLE GROUP INC 73.07 95.35 75.85 2.71 -11.46 7.93 6.83
WSP-T WSP GLOBAL INC 72.97 94.11 86.14 5.78 7.61 30.37 25.94
CUF-UN-T COMINAR REAL ESTATE INV-TR U 72.80 8.96 8.79 6.41 -33.00 9.52 9.74
FM-T FIRST QUANTUM MINERALS LTD 72.67 16.79 10.81 8.18 27.63 #N-A N-A 28.54
AX-UN-T ARTIS REAL ESTATE INVESTMENT 72.59 10.59 8.77 7.29 -6.25 #N-A N-A #N-A N-A
ONEX-T ONEX CORPORATION 72.45 69.55 63.03 12.30 -14.83 12.45 #N-A N-A
ECN-T ECN CAPITAL CORP 72.21 6.07 4.69 8.39 28.99 40.46 10.34
CRR-UN-T CROMBIE REAL ESTATE INVESTME 72.06 14.85 13.26 4.36 -1.56 32.25 #N-A N-A
CAE-T CAE INC 71.97 31.00 23.36 7.34 -9.44 46.96 40.90
FRU-T FREEHOLD ROYALTIES LTD 71.87 4.66 4.09 6.88 -31.96 203.95 155.33
IMO-T IMPERIAL OIL LTD 71.61 22.59 21.04 6.16 -32.42 #N-A N-A 51.58
AC-T AIR CANADA 71.38 21.68 19.95 16.75 -55.31 #N-A N-A #N-A N-A
HSE-T HUSKY ENERGY INC 71.26 4.85 4.43 12.79 -51.17 #N-A N-A #N-A N-A
GWO-T GREAT-WEST LIFECO INC 71.18 30.16 25.73 3.01 -4.68 #N-A N-A 10.04
CGX-T CINEPLEX INC 70.63 9.12 12.83 43.17 -72.94 #N-A N-A #N-A N-A
HBM-T HUDBAY MINERALS INC 70.55 7.54 4.44 11.70 40.95 20.49 #N-A N-A
BTE-T BAYTEX ENERGY CORP 70.46 0.64 0.63 28.00 -65.78 #N-A N-A #N-A N-A
EIF-T EXCHANGE INCOME CORP 70.11 38.60 29.82 10.73 -7.78 32.99 18.62

Supply: Bloomberg

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