Analyze Symbol

Index Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

S&P TSX COMPOSITE BUYBACK INDEX (TSE:TXBB)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

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.

TSE_TXBB
Open High Low TXBB Price Change
6713.74 6792.45 6705.79 6792.45 +87.96
Entry Signal

MarketClub’s Trade Triangles for TXBB

long term down The long term trend has been DOWN since Oct 1st, 2018 at 6969.08

intermediate term down The intermediate term trend has been DOWN since Sep 11th, 2018 at 7029.53

short term up The short term trend has been UP since Oct 16th, 2018 at 6747.43

Smart Scan Analysis for TXBB

Based on a pre-defined weighted trend formula for chart analysis, TXBB scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for TXBB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6713.74 6792.45 6705.79 6792.45 +87.96
Prev. Close Volume Bid Ask Time
6792.45 40530478 2018-10-16 16:51:36
52wk High7235.9252wk High Date2018-08-30
52wk Low6231.1352wk Low Date2018-02-09
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