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Index Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
S&P/TSX Completion Index (TSE:TX40)
Sidelines Mode (-55) - TX40 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Dec 27th, 2023 at 1237.53
The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 1299.79
The short-term trend has been UP since Apr 23rd, 2024 at 1317.99
Smart Scan Analysis for TX40
Based on our trend formula, TX40 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1317.26 | 1323.60 | 1312.86 | 1314.95 | -2.82 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1317.77 | 48251103 | 2024-04-24 15:14:32 |
| 52wk High | 1030.03 | 52wk High Date | 2018-06-20 |
| 52wk Low | 882.42 | 52wk Low Date | 2018-11-20 |