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Index Trend Analysis Report

Prepared for you on Wednesday, January 17, 2018.

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
233.36 235.01 233.08 234.32 +2.33
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 Dec 13th, 2017 at 214.16

short term down The short term trend has been DOWN since Jan 16th, 2018 at 233.98

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
233.36 235.01 233.08 234.32 +2.33
Prev. Close Volume Bid Ask Time
231.99 55673111 2018-01-17 16:07:47
52wk High238.0852wk High Date2018-01-15
52wk Low164.7752wk Low Date2017-06-20
Want to analyze S&P TSX EQUAL WEIGHT GLOBAL BASE METAL TXBE or another symbol? Try our Free Index Trend Analysis Report.