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Index Trend Analysis Report

Prepared for you on Monday, October 23, 2017.

S&P TSX EQUAL WEIGHT GLOBAL BASE METAL (TSE:TXBE)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_TXBE
Open High Low TXBE Price Change
213.01 213.24 211.89 212.57 +0.22
Entry Signal

MarketClub’s Trade Triangles for TXBE

long term up The long term trend has been UP since Jul 17th, 2017 at 188.32

intermediate term up The intermediate term trend has been UP since Oct 2nd, 2017 at 202.48

short term down The short term trend has been DOWN since Oct 18th, 2017 at 211.74

Smart Scan Analysis for TXBE

Based on a pre-defined weighted trend formula for chart analysis, TXBE scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for TXBE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
213.01 213.24 211.89 212.57 +0.22
Prev. Close Volume Bid Ask Time
212.35 43625563 2017-10-23 16:06:47
52wk High218.5652wk High Date2017-10-16
52wk Low148.3252wk Low Date2016-10-24
Want to analyze S&P TSX EQUAL WEIGHT GLOBAL BASE METAL TXBE or another symbol? Try our Free Index Trend Analysis Report.