Free Daily Analysis
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.
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MarketClub’s Trade Triangles for TX40
The long-term trend has been DOWN since May 2nd, 2022 at 1177.61
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 1161.53
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).
| 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 High | 1030.03 | 52wk High Date | 2018-06-20 |
| 52wk Low | 882.42 | 52wk Low Date | 2018-11-20 |