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Index Trend Analysis Report

Prepared for you on Tuesday, June 28, 2022.

S&P/TSX Completion Index (TSE:TX40)

Bear Market Rally (-75) - TX40 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TX40 as it may be in the beginning 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.

Open High Low TX40 Price Change
1108.26 1113.94 1094.21 1100.46 +1.29
Entry Signal

MarketClub’s Trade Triangles for TX40

long term down The long-term trend has been DOWN since May 2nd, 2022 at 1177.61

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 1161.53

short term up The short-term trend has been UP since Jun 27th, 2022 at 1089.60

Smart Scan Analysis for TX40

Based on our trend formula, TX40 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for TX40
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1108.26 1113.94 1094.21 1100.46 +1.29
Prev. Close Volume Bid Ask Time
1099.17 119194253 2022-06-28 15:59:47
52wk High1030.0352wk High Date2018-06-20
52wk Low882.4252wk Low Date2018-11-20
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