Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
S&P TSX EQUAL WEIGHT INDUSTRIALS INDEX (TSE:TXIE)
Bull Market Weakness (+75) - TXIE is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TXIE as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TXIE?
MarketClub looks at technical strength and momentum to determine if the timing is right for TXIE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TXIE
The long-term trend has been UP since Dec 14th, 2023 at 3270.12
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 3459.93
The short-term trend has been UP since May 2nd, 2024 at 3405.11
Smart Scan Analysis for TXIE
Based on our trend formula, TXIE is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3429.84 | 3459.75 | 3425.97 | 3448.55 | +6.13 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3442.42 | 6545147 | 2024-05-08 15:59:32 |
| 52wk High | 2408.76 | 52wk High Date | 2018-08-30 |
| 52wk Low | 2076.21 | 52wk Low Date | 2018-11-20 |