June 26, 2022

The S&P/TSX Composite rose a marginal 0.3 per cent for the buying and selling week ending with Friday’s shut and sits nearly precisely 1.0 per cent decrease for the 12 months. Relative Energy Index (RSI) leaves the benchmark in impartial technical territory with a 52 degree that’s near the midway level between the RSI purchase sign of 30 and the overbought promote sign of 70.

There are solely two firms buying and selling as official buys by RSI this week with readings under the 30 purchase sign – Bausch Well being Firms Inc. and Aurora Hashish Inc. Hexo Corp is buying and selling simply out of purchase vary with an RSI of 31.

There are six index constituents with technically susceptible RSIs above the overbought promote sign of 70. So as, these are Crescent Level Vitality Corp., Cenovus Vitality Inc., Gibson Vitality Inc., H&R REIT, Enerplus Corp. and Intertape Polymer Group Inc.

There are 12 S&P/TSX Composite shares displaying sturdy value momentum by hitting new 52-week highs and they’re ranked by market capitalization under. The 5 largest firms making new highs are Cenovus Vitality, ARC Sources Ltd., Whitecap Sources Inc., MEG Vitality Corp. and Crescent Level Vitality Corp.

There are two shares establishing new 52-week lows and they’re Bausch Well being Firms Inc. and Cover Development Corp.

Shares dropping to 52-week lows

Return 1W % Return YTD % Market Cap
BHC-T BAUSCH HEALTH COS INC -8.76 -67.20 4,142,557,454
WEED-T CANOPY GROWTH CORP -11.87 -50.91 2,137,770,514

Shares leaping to 52-week highs

Return 1W % Return YTD % Market Cap
CVE-T CENOVUS ENERGY INC 4.97 95.26 59,436,375,259
ARX-T ARC RESOURCES LTD 4.63 74.07 13,556,577,336
WCP-T WHITECAP RESOURCES INC 6.91 58.96 7,266,076,590
MEG-T MEG ENERGY CORP 4.28 95.73 7,112,252,757
CPG-T CRESCENT POINT ENERGY CORP 7.95 79.91 6,904,435,245
CPX-T CAPITAL POWER CORP 1.74 17.46 5,546,012,072
ERG-T ENERPLUS CORP 5.87 52.19 4,887,584,681
CPX-T BAYTEX ENERGY CORP 11.19 95.65 4,354,483,964
HR-UN-T H&R REAL ESTATE INV-REIT UTS 4.65 14.51 4,099,273,456
GEI-T GIBSON ENERGY INC 3.85 24.56 4,035,411,107
FRU-T FREEHOLD ROYALTIES LTD 4.00 41.40 2,419,456,357
HWX-T HEADWATER EXPLORATION INC 7.69 49.51 1,722,974,807

Overbought and oversold shares on the TSX

OVERSOLD STOCKS RSI Worth 200DMA Return 1W % Return YTD % PE Ratio TTM PE Ratio Fwd
BHC-T BAUSCH HEALTH COS INC 22.04 11.46 30.36 -8.76 -67.20 13.61 2.13
ACB-T AURORA CANNABIS INC 29.32 2.01 6.48 -6.07 -70.66 #N/A N/A #N/A N/A
OVERBOUGHT STOCKS RSI Worth 200DMA Return 1W % Return YTD % PE Ratio TTM PE Ratio Fwd
CPG-T CRESCENT POINT ENERGY CORP 12.08 7.42665 7.95353 79.90708 10.92124492 5.233968804 15.00534759
CVE-T CENOVUS ENERGY INC 30.23 17.87785 4.965278 95.25997 16.46475575 6.415534805 8.982464236
GEI-T GIBSON ENERGY INC 27.52 24.03255 3.849057 24.56421 26.11327816 22.24737268 11.68173599
HR-UN-T H&R REAL ESTATE INV-REIT UTS 14.29 12.81741 4.653501 14.50936 10.25100248 #N/A N/A 5.466970387
ERF-T ENERPLUS CORP 20.19 13.5311 5.873099 52.19199 8.998634942 4.9523589 6.975425331
ITP-T INTERTAPE POLYMER GROUP INC 40 30.7756 1.936799 52.80235 35.51571339 15.36269447 4.94913755

Supply: Bloomberg

Be sensible along with your cash. Get the newest investing insights delivered proper to your inbox thrice per week, with the Globe Investor e-newsletter. Enroll in the present day.

See also  Wealthsimple made a dangerous investing selection, nevertheless it would possibly pay...