Index Trend Analysis Report
Prepared for you on Thursday, February 20, 2020.
S&P/TSX Completion Index (TSE:TX40)
Strong Uptrend (+100) - TX40 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TX40 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for TX40
The long-term trend has been UP since Feb 4th, 2019 at 942.28
The intermediate-term trend has been UP since Nov 1st, 2019 at 996.39
The short-term trend has been UP since Feb 4th, 2020 at 1062.81
Smart Scan Analysis for TX40
Based on our trend formula, TX40 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1030.03||52wk High Date||2018-06-20|
|52wk Low||882.42||52wk Low Date||2018-11-20|