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Index Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

S&P TSX HIGH INCOME ENERGY INDEX (TSE:TXHU)

Sidelines Mode (-55) - TXHU 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 TXHU?

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

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

TSE_TXHU
Open High Low TXHU Price Change
536.36 545.56 535.52 542.29 +5.79
Entry Signal

MarketClub’s Trade Triangles for TXHU

long term up The long-term trend has been UP since Aug 9th, 2023 at 494.54

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 531.61

short term up The short-term trend has been UP since Apr 19th, 2024 at 541.65

Smart Scan Analysis for TXHU

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

-55
Smart Scan Analysis for TXHU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
536.36 545.56 535.52 542.29 +5.79
Prev. Close Volume Bid Ask Time
542.29 60076141 2024-04-19 16:56:40
52wk High590.1552wk High Date2018-01-15
52wk Low431.4452wk Low Date2018-11-28
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