TSX Stocks: Oversold and Overbought Conditions, New Highs and Lows

The S&P/TSX Composite rose 2.1% for the week, with a Relative Strength Index (RSI) of 41, indicating neutral territory. Six stocks, including Goeasy Ltd. and Pet Valu Holdings Ltd., are technically oversold, while 18 stocks, including Transcontinental Inc. and Boralex Inc., are overbought. Twenty TSX constituents hit new 52-week highs, including Enbridge Inc., Suncor Energy, and Imperial Oil Ltd. Intact Financial Corp., WSP Global Inc., and GFL Environmental Inc. established new 52-week lows.