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Index Trend Analysis Report

Prepared for you on Sunday, July 3, 2022.

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

Long-Term Downtrend (-90) - TXEI is in a strong downtrend that is likely to continue. While TXEI 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 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
129.82 130.50 128.95 130.34 -0.90
Entry Signal

MarketClub’s Trade Triangles for TXEI

long term down The long-term trend has been DOWN since May 12th, 2022 at 136.27

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 141.05

short term down The short-term trend has been DOWN since Jun 30th, 2022 at 130.26

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
129.82 130.50 128.95 130.34 -0.90
Prev. Close Volume Bid Ask Time
130.34 119006147 2022-06-30 16:00:01
52wk High11552wk High Date2017-12-13
52wk Low100.6752wk Low Date2018-10-30
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