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Index Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
S&P/TSX Completion Index (TSE:TX40)
Long-Term Uptrend (+90) - TX40 is in a strong uptrend that is likely to continue. While TX40 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Jul 15th, 2020 at 939.67
The intermediate-term trend has been UP since Oct 14th, 2021 at 1238.77
The short-term trend has been UP since Oct 7th, 2021 at 1206.59
Smart Scan Analysis for TX40
Based on our trend formula, TX40 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1250.47 | 1251.80 | 1245.14 | 1247.38 | -0.94 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1247.38 | 117781199 | 2021-10-15 16:00:02 |
| 52wk High | 1030.03 | 52wk High Date | 2018-06-20 |
| 52wk Low | 882.42 | 52wk Low Date | 2018-11-20 |