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Index Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

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

Sidelines Mode (+55) - TXGM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
122.48 123.81 122.07 123.72 +1.37
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 down The intermediate-term trend has been DOWN since Nov 6th, 2024 at 126.40

short term up The short-term trend has been UP since Nov 15th, 2024 at 120.89

Smart Scan Analysis for TXGM

Based on our trend formula, TXGM is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for TXGM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
122.48 123.81 122.07 123.72 +1.37
Prev. Close Volume Bid Ask Time
123.82 149122650 2024-11-19 16:16:03
52wk High77.652wk High Date2018-06-07
52wk Low61.0152wk Low Date2018-09-11
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