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Index Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

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

Long-Term Downtrend (-90) - TX6C is in a strong downtrend that is likely to continue. While TX6C is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

TSE_TX6C
Open High Low TX6C Price Change
1423.58 1425.80 1419.47 1423.45 -0.45
Entry Signal

MarketClub’s Trade Triangles for TX6C

long term down The long-term trend has been DOWN since Jun 14th, 2024 at 1426.69

intermediate term down The intermediate-term trend has been DOWN since May 29th, 2024 at 1457.41

short term down The short-term trend has been DOWN since Jun 4th, 2024 at 1447.40

Smart Scan Analysis for TX6C

Based on our trend formula, TX6C is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for TX6C
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1423.58 1425.80 1419.47 1423.45 -0.45
Prev. Close Volume Bid Ask Time
1423.90 359477519 2024-06-21 16:00:01
52wk High1088.5952wk High Date2018-07-13
52wk Low963.9152wk Low Date2018-10-29
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