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Index Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
S&P/TSX Completion Index (TSE:TX40)
Bull Market Weakness (+75) - TX40 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TX40 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TX40?
MarketClub looks at technical strength and momentum to determine if the timing is right for TX40.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TX40
The long-term trend has been DOWN since Feb 28th, 2020 at 992.53
The intermediate-term trend has been UP since Apr 7th, 2020 at 759.30
The short-term trend has been UP since May 28th, 2020 at 880.93
Smart Scan Analysis for TX40
Based on our trend formula, TX40 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 882.28 | 888.23 | 881.55 | 886.03 | +2.59 |
| Prev. Close | Volume | Bid | Ask | Time |
| 714.42 | 127625411 | 2020-06-01 16:00:02 |
| 52wk High | 1030.03 | 52wk High Date | 2018-06-20 |
| 52wk Low | 882.42 | 52wk Low Date | 2018-11-20 |