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Index Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

S&P/TSX Preferred Share Index (TSE:TXPR)

Crossroads (-60) - TXPR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid TXPR?

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

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

TSE_TXPR
Open High Low TXPR Price Change
577.78 580.66 577.78 580.66 +4.56
Entry Signal

MarketClub’s Trade Triangles for TXPR

long term up The long-term trend has been UP since Nov 22nd, 2023 at 533.19

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 579.69

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 583.09

Smart Scan Analysis for TXPR

Based on our trend formula, TXPR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for TXPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
577.78 580.66 577.78 580.66 +4.56
Prev. Close Volume Bid Ask Time
576.10 3205539 2024-04-16 11:23:17
52wk High725.7452wk High Date2018-01-09
52wk Low632.6452wk Low Date2018-11-27
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