Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Tuesday, May 7, 2024.
S&P/TSX Equal Weight Global Base Metals Index (TSE:TXBE)
Bull Market Weakness (+75) - TXBE is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TXBE as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TXBE?
MarketClub looks at technical strength and momentum to determine if the timing is right for TXBE.
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 TXBE
The long-term trend has been UP since Mar 28th, 2024 at 242.79
The intermediate-term trend has been DOWN since Apr 23rd, 2024 at 245.43
The short-term trend has been UP since May 6th, 2024 at 258.17
Smart Scan Analysis for TXBE
Based on our trend formula, TXBE is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 260.57 | 263.11 | 260.57 | 262.95 | +5.19 |
| Prev. Close | Volume | Bid | Ask | Time |
| 262.81 | 42209032 | 2024-05-06 16:18:47 |
| 52wk High | 238.08 | 52wk High Date | 2018-01-15 |
| 52wk Low | 147.77 | 52wk Low Date | 2018-11-27 |