The most oversold and overbought stocks on the TSX

The S&P/TSX Composite dropped 0.4 per cent for the trading week ending with Friday’s close and now stands 14.4 per cent higher for 2026. The benchmark’s Relative Strength Index (RSI) of 46 leaves it close to the midpoint between the technically attractive, oversold buy signal of 30 and the overbought RSI sell signal of 70.

There are 13 index constituents with attractive RSIs below 30. The five most oversold companies are Allied Properties REIT, Tilray Brands Inc., TFI International Inc., Canopy Growth Corp. and Labrador Iron Ore Royalty Co.

There are 11 overbought, technically vulnerable stocks this week starting with Tourmaline Oil Corp., TMX Group Ltd., Precision Drilling Corp., Advantage Energy Ltd. and Birchcliff Energy Ltd.

There are four index stocks showing strong price momentum by hitting new 52-week highs and they are ranked by market capitalization in a table below. Canadian Natural Resources is the biggest company making new highs followed by Gibson Energy Inc., CES Energy Solutions Corp and North West Co Inc.

Companies making new lows are Telus Corp., Boardwalk REIT, H&R REIT and Allied Properties REIT.