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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.

TSE_TX40
Open High Low TX40 Price Change
1092.51 1094.48 1090.22 1094.48 +4.06
Entry Signal

MarketClub’s Trade Triangles for TX40

long term up The long-term trend has been UP since Feb 4th, 2019 at 942.28

intermediate term up The intermediate-term trend has been UP since Nov 1st, 2019 at 996.39

short term up 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).

+100
Smart Scan Analysis for TX40
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1092.51 1094.48 1090.22 1094.48 +4.06
Prev. Close Volume Bid Ask Time
1057.43 103435931 2020-02-19 16:00:02
52wk High1030.0352wk High Date2018-06-20
52wk Low882.4252wk Low Date2018-11-20
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