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Index Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

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
99.16 99.39 98.45 99.12 -1.76
Entry Signal

MarketClub’s Trade Triangles for TXGM

long term down The long-term trend has been DOWN since Aug 17th, 2021 at 104.15

intermediate term up The intermediate-term trend has been UP since Oct 12th, 2021 at 96.97

short term down The short-term trend has been DOWN since Oct 21st, 2021 at 99.99

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
99.16 99.39 98.45 99.12 -1.76
Prev. Close Volume Bid Ask Time
99.12 143698080 2021-10-21 16:45:01
52wk High77.652wk High Date2018-06-07
52wk Low61.0152wk Low Date2018-09-11
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