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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.
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MarketClub’s Trade Triangles for TXEI
The long-term trend has been DOWN since Feb 27th, 2020 at 110.84
The intermediate-term trend has been UP since Jul 15th, 2020 at 90.90
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).
| 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 High | 115 | 52wk High Date | 2017-12-13 |
| 52wk Low | 100.67 | 52wk Low Date | 2018-10-30 |