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Index Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
S&P/TSX 60 Index (TSE:TX60)
Long-Term Uptrend (+90) - TX60 is in a strong uptrend that is likely to continue. While TX60 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for TX60
The long-term trend has been UP since Dec 13th, 2023 at 1239.73
The intermediate-term trend has been UP since May 6th, 2024 at 1323.36
The short-term trend has been UP since May 3rd, 2024 at 1316.17
Smart Scan Analysis for TX60
Based on our trend formula, TX60 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1341.20 | 1346.19 | 1335.75 | 1336.39 | -3.96 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1340.35 | 75215776 | 2024-05-10 15:59:31 |
| 52wk High | 984.43 | 52wk High Date | 2018-07-13 |
| 52wk Low | 871.68 | 52wk Low Date | 2018-10-29 |