Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, August 7, 2020.

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

Bull Market Weakness (+75) - TXEI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TXEI as it may be in the beginning stages of a reversal.

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
92.85 93.52 92.55 93.52 +0.52
Entry Signal

MarketClub’s Trade Triangles for TXEI

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 110.84

intermediate term up The intermediate-term trend has been UP since Jul 15th, 2020 at 90.90

short term up The short-term trend has been UP since Aug 4th, 2020 at 90.91

Smart Scan Analysis for TXEI

Based on our trend formula, TXEI is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for TXEI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
92.85 93.52 92.55 93.52 +0.52
Prev. Close Volume Bid Ask Time
88.25 34596972 2020-08-07 13:25:01
52wk High11552wk High Date2017-12-13
52wk Low100.6752wk Low Date2018-10-30
Get a free daily analysis and signals for S&P/TSX Equity Income Index (TXEI) - Request Your Free Report.