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Index Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
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.
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MarketClub’s Trade Triangles for TXEW
The long-term trend has been UP since Dec 14th, 2023 at 211.96
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 221.05
The short-term trend has been DOWN since Apr 25th, 2024 at 220.35
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 221.37 | 223.39 | 220.30 | 223.01 | +0.16 |
| Prev. Close | Volume | Bid | Ask | Time |
| 223.01 | 68179889 | 2024-04-25 15:59:47 |
| 52wk High | 154.57 | 52wk High Date | 2018-07-13 |
| 52wk Low | 133.01 | 52wk Low Date | 2018-10-29 |