Index Trend Analysis Report
Prepared for you on Thursday, May 24, 2018.
S&P TSX CAPPED CONSUMER STAPLES SECTOR (TSE:TTCS)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for TTCS
The long term trend has been DOWN since Feb 1st, 2018 at 535.51
The intermediate term trend has been UP since Apr 27th, 2018 at 521.76
The short term trend has been DOWN since May 22nd, 2018 at 515.84
Smart Scan Analysis for TTCS
Based on a pre-defined weighted trend formula for chart analysis, TTCS scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||569.44||52wk High Date||2017-06-02|
|52wk Low||506.55||52wk Low Date||2018-04-17|