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Index Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

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

Long-Term Uptrend (+90) - TXGM is in a strong uptrend that is likely to continue. While TXGM 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 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
110.67 111.39 107.95 107.95 -3.48
Entry Signal

MarketClub’s Trade Triangles for TXGM

long term up The long-term trend has been UP since Apr 23rd, 2020 at 83.49

intermediate term up The intermediate-term trend has been UP since Feb 10th, 2021 at 107.71

short term up The short-term trend has been UP since Feb 16th, 2021 at 107.82

Smart Scan Analysis for TXGM

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

+90
Smart Scan Analysis for TXGM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
110.67 111.39 107.95 107.95 -3.48
Prev. Close Volume Bid Ask Time
107.95 181964716 2021-02-25 16:47:40
52wk High77.652wk High Date2018-06-07
52wk Low61.0152wk Low Date2018-09-11
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