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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.

TSE_TX40
Open High Low TX40 Price Change
1140.07 1143.35 1117.23 1121.81 -19.66
Entry Signal

MarketClub’s Trade Triangles for TX40

long term up The long-term trend has been UP since Jul 15th, 2020 at 939.67

intermediate term up The intermediate-term trend has been UP since Nov 5th, 2020 at 1001.46

short term up 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).

+70
Smart Scan Analysis for TX40
Strong Downtrend Sideways 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 High1030.0352wk High Date2018-06-20
52wk Low882.4252wk Low Date2018-11-20
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