The S&P/TSX Composite Index was up another 0.9 per cent for the trading week ending with Friday’s close and is now 24.4 per cent higher for 2025. The benchmark’s Relative Strength Index (RSI) has declined to 54, close to the midway point between the oversold buy signal of 30 and the overbought RSI sell signal of 70.
Interfor Corp is the most oversold of the 10 index constituents with RSIs below 30. Cargojet Inc., Boardwalk REIT, Gibson Energy Inc. and RB Global Inc. follow. Keyera Corp and Suncor Energy Inc. just missed the list with RSIs of 30.3 and 30.4 respectively.
There are also 10 companies with overbought RSIs above 70. The five most overbought stocks are, in order, Badger Infrastructure Solutions Ltd., ATCO Ltd., Fortis Inc., Transalta Corp and Hydro One Ltd.
There are six TSX stocks showing strong price momentum by making new 52-week highs and they are ranked by market capitalization in a table below. The largest companies making new highs are Loblaw Companies Ltd., Fortis Inc. and Emera Inc.
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