Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

S&P/TSX Equity Income Index (TSE:TXEI)

Strong Uptrend (+100) - TXEI is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TXEI continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

TSE_TXEI
Open High Low TXEI Price Change
132.55 133.70 132.55 133.56 +1.20
Entry Signal

MarketClub’s Trade Triangles for TXEI

long term up The long-term trend has been UP since Dec 14th, 2023 at 127.98

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 130.06

short term up The short-term trend has been UP since May 3rd, 2024 at 129.37

Smart Scan Analysis for TXEI

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

+100
Smart Scan Analysis for TXEI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
132.55 133.70 132.55 133.56 +1.20
Prev. Close Volume Bid Ask Time
132.36 42979341 2024-05-09 14:55:31
52wk High11552wk High Date2017-12-13
52wk Low100.6752wk Low Date2018-10-30
Get a free daily analysis and signals for S&P/TSX Equity Income Index (TXEI) - Request Your Free Report.