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Index Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

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

Long-Term Uptrend (+90) - TXEW is in a strong uptrend that is likely to continue. While TXEW is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
200.55 201.47 200.22 200.91 +0.96
Entry Signal

MarketClub’s Trade Triangles for TXEW

long term up The long-term trend has been UP since Jun 8th, 2020 at 148.53

intermediate term up The intermediate-term trend has been UP since Oct 12th, 2021 at 196.36

short term up The short-term trend has been UP since Oct 5th, 2021 at 193.90

Smart Scan Analysis for TXEW

Based on our trend formula, TXEW is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for TXEW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
200.55 201.47 200.22 200.91 +0.96
Prev. Close Volume Bid Ask Time
200.91 94446954 2021-10-15 16:00:02
52wk High154.5752wk High Date2018-07-13
52wk Low133.0152wk Low Date2018-10-29
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