Index Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
S&P/TSX 60 Index (TSE:TX60)
Sidelines Mode (-55) - TX60 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 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 DOWN since Feb 27th, 2020 at 989.43
The intermediate-term trend has been DOWN since Feb 25th, 2020 at 1035.47
The short-term trend has been UP since Apr 6th, 2020 at 809.82
Smart Scan Analysis for TX60
Based on our trend formula, TX60 is rated as a -55 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|