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Index Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

S&P/TSX 60 Capped Index (TSE:TX6C)

Sidelines Mode (-55) - TX6C 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 TX6C?

MarketClub looks at technical strength and momentum to determine if the timing is right for TX6C.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low TX6C Price Change
905.50 920.61 900.77 919.19 +43.18
Entry Signal

MarketClub’s Trade Triangles for TX6C

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 1094.11

intermediate term down The intermediate-term trend has been DOWN since Feb 25th, 2020 at 1145.02

short term up The short-term trend has been UP since Apr 6th, 2020 at 895.50

Smart Scan Analysis for TX6C

Based on our trend formula, TX6C is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for TX6C
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
905.50 920.61 900.77 919.19 +43.18
Prev. Close Volume Bid Ask Time
883.09 154218877 2020-04-06 15:59:46
52wk High1088.5952wk High Date2018-07-13
52wk Low963.9152wk Low Date2018-10-29
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