Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

S&P/TSX 60 Index (TSE:TX60)

Sidelines Mode (+55) - TX60 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 TX60?

MarketClub looks at technical strength and momentum to determine if the timing is right for TX60.

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

TSE_TX60
Open High Low TX60 Price Change
1300.80 1310.92 1299.07 1307.47 +7.18
Entry Signal

MarketClub’s Trade Triangles for TX60

long term up The long-term trend has been UP since Dec 13th, 2023 at 1239.73

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 1313.78

short term up The short-term trend has been UP since Apr 19th, 2024 at 1306.35

Smart Scan Analysis for TX60

Based on our trend formula, TX60 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for TX60
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1300.80 1310.92 1299.07 1307.47 +7.18
Prev. Close Volume Bid Ask Time
1300.29 117465572 2024-04-19 16:00:16
52wk High984.4352wk High Date2018-07-13
52wk Low871.6852wk Low Date2018-10-29
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