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Index Trend Analysis Report

Prepared for you on Saturday, May 28, 2022.

S&P TSX COMPOSITE BUYBACK INDEX (TSE:TXBB)

Sidelines Mode (-55) - TXBB 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 TXBB?

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

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

TSE_TXBB
Open High Low TXBB Price Change
8735.21 8822.39 8733.37 8820.26 +102.16
Entry Signal

MarketClub’s Trade Triangles for TXBB

long term down The long-term trend has been DOWN since May 9th, 2022 at 8408.39

intermediate term down The intermediate-term trend has been DOWN since Apr 25th, 2022 at 8823.39

short term up The short-term trend has been UP since May 25th, 2022 at 8580.74

Smart Scan Analysis for TXBB

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

-55
Smart Scan Analysis for TXBB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8735.21 8822.39 8733.37 8820.26 +102.16
Prev. Close Volume Bid Ask Time
8820.07 43273084 2022-05-27 15:59:46
52wk High7235.9252wk High Date2018-08-30
52wk Low6231.1352wk Low Date2018-02-09
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