Index Trend Analysis Report
Prepared for you on Thursday, February 20, 2020.
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.
MarketClub’s Trade Triangles for TXGM
The long-term trend has been UP since Dec 11th, 2019 at 79.28
The intermediate-term trend has been UP since Feb 19th, 2020 at 80.96
The short-term trend has been UP since Feb 18th, 2020 at 80.22
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).
|52wk High||77.6||52wk High Date||2018-06-07|
|52wk Low||61.01||52wk Low Date||2018-09-11|