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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Toromont Ind Ltd (TSE:TIH)

Sidelines Mode (+55) - TIH is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid TIH?

MarketClub looks at technical strength and momentum to determine if the timing is right for TIH.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_TIH
Open High Low TIH Price Change
122.63 124.14 122.54 124.10 +0.93
Entry Signal

MarketClub’s Trade Triangles for TIH

long term up The long-term trend has been UP since Dec 27th, 2023 at 116.89

intermediate term down The intermediate-term trend has been DOWN since Apr 29th, 2024 at 128.10

short term up The short-term trend has been UP since May 7th, 2024 at 123.89

Smart Scan Analysis for TIH

Based on our trend formula, TIH is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for TIH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
122.63 124.14 122.54 124.10 +0.93
Prev. Close Volume Bid Ask Time
124.19 51749 2024-05-08 15:59:43
Year High68.11Year High Date2018-10-01
Year Low46.24Year Low Date2018-02-06
52wk High68.1152wk High Date2018-10-01
52wk Low46.2452wk Low Date2018-02-06
Year End Close21.1Average Volume186,391
Volatility24.87Payment Date2019-01-03
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