Analyze Symbol

Index Trend Analysis Report

Prepared for you on Wednesday, May 22, 2019.

S&P TSX COMPOSITE INDEX (TSE:0000)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_0000
Open High Low 0000 Price Change
16345.79 16355.14 16308.75 16343.80 -82.67
Entry Signal

MarketClub’s Trade Triangles for 0000

long term up The long term trend has been UP since Feb 1st, 2019 at 15564.61

intermediate term down The intermediate term trend has been DOWN since May 6th, 2019 at 16402.16

short term down The short term trend has been DOWN since May 22nd, 2019 at 16349.70

Smart Scan Analysis for 0000

Based on a pre-defined weighted trend formula for chart analysis, 0000 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for 0000
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16345.79 16355.14 16308.75 16343.80 -82.67
Prev. Close Volume Bid Ask Time
15838.24 140593405 2019-05-22 15:10:46
52wk High16586.4652wk High Date2018-07-13
52wk Low14639.752wk Low Date2018-10-29
Want to analyze S&P TSX COMPOSITE INDEX 0000 or another symbol? Try our Free Index Trend Analysis Report.