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Index Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
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 UP since Jul 15th, 2020 at 939.67
The intermediate-term trend has been UP since Nov 5th, 2020 at 1001.46
The short-term trend has been UP since Feb 25th, 2021 at 1143.34
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 |
|---|---|---|---|---|
| 1140.07 | 1143.35 | 1117.23 | 1121.81 | -19.66 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1121.81 | 157295151 | 2021-02-25 16:00:02 |
| 52wk High | 1030.03 | 52wk High Date | 2018-06-20 |
| 52wk Low | 882.42 | 52wk Low Date | 2018-11-20 |