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Index Trend Analysis Report

Prepared for you on Monday, July 4, 2022.

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

Strong Downtrend (-100) - TXDC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TXDC continues to fall. Traders should use caution and set stops.

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
155.76 157.26 155.72 156.38 +1.32
Entry Signal

MarketClub’s Trade Triangles for TXDC

long term down The long-term trend has been DOWN since May 9th, 2022 at 164.40

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 165.24

short term down The short-term trend has been DOWN since Jun 30th, 2022 at 155.88

Smart Scan Analysis for TXDC

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

-100
Smart Scan Analysis for TXDC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
155.76 157.26 155.72 156.38 +1.32
Prev. Close Volume Bid Ask Time
155.06 82071160 2022-07-04 15:59:31
52wk High132.5352wk High Date2018-07-13
52wk Low118.0352wk Low Date2018-10-29
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