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Index Trend Analysis Report

Prepared for you on Tuesday, June 18, 2024.

S&P/TSX Dividend Composite Index (TSE:TXDC)

Crossroads (-60) - TXDC is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

TSE_TXDC
Open High Low TXDC Price Change
172.76 172.95 171.97 172.80 -0.34
Entry Signal

MarketClub’s Trade Triangles for TXDC

long term up The long-term trend has been UP since Dec 14th, 2023 at 165.86

intermediate term down The intermediate-term trend has been DOWN since Jun 4th, 2024 at 175.80

short term down The short-term trend has been DOWN since Jun 4th, 2024 at 176.02

Smart Scan Analysis for TXDC

Based on our trend formula, TXDC is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for TXDC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
172.76 172.95 171.97 172.80 -0.34
Prev. Close Volume Bid Ask Time
172.80 249452833 2024-06-17 16:00:01
52wk High132.5352wk High Date2018-07-13
52wk Low118.0352wk Low Date2018-10-29
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