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Index Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
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.
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MarketClub’s Trade Triangles for TX6C
The long-term trend has been DOWN since May 9th, 2022 at 1365.19
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 1348.22
The short-term trend has been DOWN since Jun 23rd, 2022 at 1267.50
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1267.02 | 1282.88 | 1266.72 | 1280.77 | +21.27 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1280.80 | 70745856 | 2022-06-24 15:59:16 |
| 52wk High | 1088.59 | 52wk High Date | 2018-07-13 |
| 52wk Low | 963.91 | 52wk Low Date | 2018-10-29 |