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Index Trend Analysis Report

Prepared for you on Thursday, May 30, 2024.

S&P TSX 60 EQUAL WEIGHT INDEX (TSE:TXEW)

Weak Downtrend (-65) - TXEW is showing signs of a strengthening downtrend. Monitor TXEW as it may be building momentum to the downside.

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

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

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

TSE_TXEW
Open High Low TXEW Price Change
226.78 226.80 224.88 224.89 -3.67
Entry Signal

MarketClub’s Trade Triangles for TXEW

long term up The long-term trend has been UP since Dec 14th, 2023 at 211.96

intermediate term down The intermediate-term trend has been DOWN since May 29th, 2024 at 225.55

short term down The short-term trend has been DOWN since May 22nd, 2024 at 229.25

Smart Scan Analysis for TXEW

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

-70
Smart Scan Analysis for TXEW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
226.78 226.80 224.88 224.89 -3.67
Prev. Close Volume Bid Ask Time
224.90 70701405 2024-05-29 15:59:17
52wk High154.5752wk High Date2018-07-13
52wk Low133.0152wk Low Date2018-10-29
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