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Index Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
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.
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MarketClub’s Trade Triangles for TXDC
The long-term trend has been DOWN since Feb 27th, 2020 at 132.49
The intermediate-term trend has been UP since Apr 6th, 2020 at 108.56
The short-term trend has been UP since May 26th, 2020 at 115.33
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 117.41 | 118.21 | 117.32 | 117.82 | +0.38 |
| Prev. Close | Volume | Bid | Ask | Time |
| 103.69 | 161912785 | 2020-06-01 16:00:01 |
| 52wk High | 132.53 | 52wk High Date | 2018-07-13 |
| 52wk Low | 118.03 | 52wk Low Date | 2018-10-29 |