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Index Trend Analysis Report

Prepared for you on Sunday, April 21, 2024.

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

Bull Market Weakness (+75) - TXGM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TXGM as it may be in the beginning stages of a reversal.

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.

Open High Low TXGM Price Change
118.45 119.60 118.36 118.97 +0.09
Entry Signal

MarketClub’s Trade Triangles for TXGM

long term up The long-term trend has been UP since Apr 2nd, 2024 at 114.28

intermediate term up The intermediate-term trend has been UP since Mar 5th, 2024 at 104.19

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 118.33

Smart Scan Analysis for TXGM

Based on our trend formula, TXGM is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for TXGM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
118.45 119.60 118.36 118.97 +0.09
Prev. Close Volume Bid Ask Time
118.86 148422825 2024-04-19 16:11:03
52wk High77.652wk High Date2018-06-07
52wk Low61.0152wk Low Date2018-09-11
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