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Index Trend Analysis Report

Prepared for you on Saturday, December 4, 2021.

S&P/TSX SmallCap Index (TSE:TX20)

Crossroads (-60) - TX20 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 TX20?

MarketClub looks at technical strength and momentum to determine if the timing is right for TX20.

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

Open High Low TX20 Price Change
758.30 758.88 738.41 744.66 -9.76
Entry Signal

MarketClub’s Trade Triangles for TX20

long term up The long-term trend has been UP since Oct 13th, 2021 at 785.55

intermediate term down The intermediate-term trend has been DOWN since Nov 23rd, 2021 at 799.36

short term down The short-term trend has been DOWN since Nov 16th, 2021 at 834.42

Smart Scan Analysis for TX20

Based on our trend formula, TX20 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for TX20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
758.30 758.88 738.41 744.66 -9.76
Prev. Close Volume Bid Ask Time
744.74 91977081 2021-12-03 15:59:47
52wk High673.2952wk High Date2018-01-16
52wk Low538.4252wk Low Date2018-11-27
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