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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

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

Bull Market Weakness (+75) - TX20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TX20 as it may be in the beginning stages of a reversal.

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.

TSE_TX20
Open High Low TX20 Price Change
759.30 763.86 758.85 763.15 +7.39
Entry Signal

MarketClub’s Trade Triangles for TX20

long term up The long-term trend has been UP since Dec 27th, 2023 at 713.40

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 743.19

short term up The short-term trend has been UP since Apr 23rd, 2024 at 755.90

Smart Scan Analysis for TX20

Based on our trend formula, TX20 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for TX20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
759.30 763.86 758.85 763.15 +7.39
Prev. Close Volume Bid Ask Time
755.76 46998644 2024-04-26 14:53:17
52wk High673.2952wk High Date2018-01-16
52wk Low538.4252wk Low Date2018-11-27
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