TSX Stocks Overbought and Oversold: A Guide to Market Momentum

The S&P/TSX Composite is up 4.3% for 2026, with a Relative Strength Index (RSI) reading of 74, indicating it is overbought and vulnerable to a pullback. Four stocks with attractive, oversold RSIs below 30 are Constellation Software, Altus Group, Intact Financial, and Open Text. Meanwhile, 49 stocks are overbought and technically vulnerable, including Granite REIT, Artis REIT, and Franco-Nevada Corp. There are 48 stocks hitting new 52-week highs, with the biggest five being Bank of Montreal, Canadian Imperial Bank of Commerce, Suncor Energy, Cameco Corp., and Franco-Nevada Corp.