Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, October 22, 2024.

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

Countertrend Up (+85) - TXEI is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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
144.47 144.81 143.78 144.72 -0.04
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 Aug 23rd, 2024 at 136.10

short term down The short-term trend has been DOWN since Oct 22nd, 2024 at 144.35

Smart Scan Analysis for TXEI

Based on our trend formula, TXEI is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for TXEI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
144.47 144.81 143.78 144.72 -0.04
Prev. Close Volume Bid Ask Time
144.76 45049464 2024-10-22 15:57:16
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.