Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
S&P/TSX Canadian Dividend Aristocrats Index (TSE:TXDV)
Long-Term Downtrend (-90) - TXDV is in a strong downtrend that is likely to continue. While TXDV is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TXDV?
MarketClub looks at technical strength and momentum to determine if the timing is right for TXDV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TXDV
The long-term trend has been DOWN since Feb 28th, 2020 at 273.63
The intermediate-term trend has been DOWN since Feb 25th, 2020 at 292.72
The short-term trend has been DOWN since Apr 3rd, 2020 at 192.86
Smart Scan Analysis for TXDV
Based on our trend formula, TXDV is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||272.46||52wk High Date||2017-12-13|
|52wk Low||244.22||52wk Low Date||2018-04-04|