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Index Trend Analysis Report

Prepared for you on Thursday, December 12, 2024.

S&P/TSX Global Mining Index (TSE:TXGM)

Strong Uptrend (+100) - TXGM is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TXGM continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

TSE_TXGM
Open High Low TXGM Price Change
125.55 127.02 125.20 126.96 +1.93
Entry Signal

MarketClub’s Trade Triangles for TXGM

long term up The long-term trend has been UP since Sep 25th, 2024 at 127.40

intermediate term up The intermediate-term trend has been UP since Dec 3rd, 2024 at 124.92

short term up The short-term trend has been UP since Dec 9th, 2024 at 125.51

Smart Scan Analysis for TXGM

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

+100
Smart Scan Analysis for TXGM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
125.55 127.02 125.20 126.96 +1.93
Prev. Close Volume Bid Ask Time
126.86 143090374 2024-12-11 16:19:48
52wk High77.652wk High Date2018-06-07
52wk Low61.0152wk Low Date2018-09-11
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