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Index Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

S&P/TSX Equity Income Index (TSE:TXEI)

Long-Term Uptrend (+90) - TXEI is in a strong uptrend that is likely to continue. While TXEI is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid TXEI?

MarketClub looks at technical strength and momentum to determine if the timing is right for TXEI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_TXEI
Open High Low TXEI Price Change
132.34 132.66 131.85 132.30 -0.28
Entry Signal

MarketClub’s Trade Triangles for TXEI

long term up The long-term trend has been UP since Dec 14th, 2023 at 127.98

intermediate term up The intermediate-term trend has been UP since Jul 11th, 2024 at 129.65

short term up The short-term trend has been UP since Jul 11th, 2024 at 129.03

Smart Scan Analysis for TXEI

Based on our trend formula, TXEI is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for TXEI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
132.34 132.66 131.85 132.30 -0.28
Prev. Close Volume Bid Ask Time
132.28 46157606 2024-07-19 15:58:16
52wk High11552wk High Date2017-12-13
52wk Low100.6752wk Low Date2018-10-30
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