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Index Trend Analysis Report

Prepared for you on Friday, December 1, 2023.

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

Bull Market Weakness (+75) - TXDC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TXDC as it may be in the beginning stages 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.

Open High Low TXDC Price Change
161.54 163.47 161.10 163.42 +1.71
Entry Signal

MarketClub’s Trade Triangles for TXDC

long term down The long-term trend has been DOWN since Oct 2nd, 2023 at 156.21

intermediate term up The intermediate-term trend has been UP since Nov 3rd, 2023 at 159.54

short term up The short-term trend has been UP since Nov 30th, 2023 at 160.94

Smart Scan Analysis for TXDC

Based on our trend formula, TXDC is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for TXDC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
161.54 163.47 161.10 163.42 +1.71
Prev. Close Volume Bid Ask Time
161.71 191235535 2023-12-01 16:00:01
52wk High132.5352wk High Date2018-07-13
52wk Low118.0352wk Low Date2018-10-29
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