As the S&P/TSX Composite index dipped by 0.3% in a shortened trading week, the market is still basking in a remarkable 5.8% gain for 2025. However, with the Relative Strength Index (RSI) hitting 66, it's teetering dangerously close to overbought territory, where sell signals kick in at an RSI of 70.

This week, we're missing out on stocks that have struck attractive oversold levels, with none below the buy signal of 30. However, Interfor Corp. and Bausch Health Companies Inc. are the closest contenders, feeling the pressure.

Top 5 Most Overbought Stocks to Watch!

On the flip side, a noteworthy 20 stocks are showing signs of being overbought, cruising with RSIs above 70. The leading culprits? Canada Goose Holdings Inc., Atkinsrealis Group Inc., Canadian Tire Corp., Canadian Imperial Bank of Commerce, and Cameco Corp. These stocks are raising eyebrows among savvy investors!

Momentum Is Key: 52-Week Highs!

In a sign of bullish sentiment, 12 stocks have hit new 52-week highs, showcasing strong price momentum. Among them, the biggest players include Toronto-Dominion Bank, Fairfax Financial Holdings Ltd., Atkinsrealis Group, OR Royalties Inc., and New Gold Inc. These rising stars are set to capture the market's attention!

Stay tuned! As the market fluctuates, keeping an eye on these stocks can help you make informed investment decisions.