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Index Trend Analysis Report

Prepared for you on Thursday, June 1, 2023.

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

Crossroads (-60) - TXEW is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
201.65 203.28 201.42 203.07 +1.36
Entry Signal

MarketClub’s Trade Triangles for TXEW

long term up The long-term trend has been UP since Nov 22nd, 2022 at 199.45

intermediate term down The intermediate-term trend has been DOWN since May 16th, 2023 at 208.79

short term down The short-term trend has been DOWN since May 11th, 2023 at 210.13

Smart Scan Analysis for TXEW

Based on our trend formula, TXEW is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for TXEW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
201.65 203.28 201.42 203.07 +1.36
Prev. Close Volume Bid Ask Time
201.71 41772628 2023-06-01 14:33:32
52wk High154.5752wk High Date2018-07-13
52wk Low133.0152wk Low Date2018-10-29
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