Index Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
S&P/TSX 60 Index (TSE:TX60)
Bull Market Weakness (+75) - TX60 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TX60 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TX60?
MarketClub looks at technical strength and momentum to determine if the timing is right for TX60.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TX60
The long-term trend has been UP since Nov 17th, 2020 at 1012.36
The intermediate-term trend has been UP since Feb 5th, 2021 at 1073.45
The short-term trend has been DOWN since Feb 26th, 2021 at 1073.76
Smart Scan Analysis for TX60
Based on our trend formula, TX60 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||984.43||52wk High Date||2018-07-13|
|52wk Low||871.68||52wk Low Date||2018-10-29|