Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, June 7, 2023.
S&P/TSX Dividend Composite Index (TSE:TXDC)
Bear Market Rally (-75) - TXDC is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TXDC as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid TXDC?
MarketClub looks at technical strength and momentum to determine if the timing is right for TXDC.
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 TXDC
The long-term trend has been DOWN since Mar 15th, 2023 at 156.40
The intermediate-term trend has been DOWN since May 4th, 2023 at 163.44
The short-term trend has been UP since Jun 2nd, 2023 at 160.08
Smart Scan Analysis for TXDC
Based on our trend formula, TXDC is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 159.92 | 160.83 | 159.79 | 160.80 | +0.69 |
| Prev. Close | Volume | Bid | Ask | Time |
| 160.80 | 154815960 | 2023-06-06 16:00:01 |
| 52wk High | 132.53 | 52wk High Date | 2018-07-13 |
| 52wk Low | 118.03 | 52wk Low Date | 2018-10-29 |