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Index Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
S&P TSX 60 EQUAL WEIGHT INDEX (TSE:TXEW)
Strong Uptrend (+100) - TXEW is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TXEW 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 TXEW?
MarketClub looks at technical strength and momentum to determine if the timing is right for TXEW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TXEW
The long-term trend has been UP since Dec 14th, 2023 at 211.96
The intermediate-term trend has been UP since May 6th, 2024 at 224.95
The short-term trend has been UP since May 3rd, 2024 at 223.89
Smart Scan Analysis for TXEW
Based on our trend formula, TXEW is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 229.06 | 229.98 | 229.06 | 229.93 | +1.40 |
| Prev. Close | Volume | Bid | Ask | Time |
| 228.53 | 10263256 | 2024-05-09 10:00:47 |
| 52wk High | 154.57 | 52wk High Date | 2018-07-13 |
| 52wk Low | 133.01 | 52wk Low Date | 2018-10-29 |