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Index Trend Analysis Report

Prepared for you on Thursday, December 9, 2021.

S&P/TSX Composite Index (TSE:0000)

Sidelines Mode (+55) - 0000 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 0000?

MarketClub looks at technical strength and momentum to determine if the timing is right for 0000.

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

TSE_0000
Open High Low 0000 Price Change
21136.02 21136.02 21047.85 21077.35 -85.30
Entry Signal

MarketClub’s Trade Triangles for 0000

long term up The long-term trend has been UP since Jul 15th, 2020 at 15980.07

intermediate term down The intermediate-term trend has been DOWN since Nov 26th, 2021 at 21107.03

short term up The short-term trend has been UP since Dec 7th, 2021 at 20898.17

Smart Scan Analysis for 0000

Based on our trend formula, 0000 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for 0000
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21136.02 21136.02 21047.85 21077.35 -85.30
Prev. Close Volume Bid Ask Time
21077.35 205683925 2021-12-08 16:00:01
52wk High16586.4652wk High Date2018-07-13
52wk Low14639.752wk Low Date2018-10-29
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