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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.

TSE_TXGM
Open High Low TXGM Price Change
80.91 81.24 80.57 81.23 +0.58
Entry Signal

MarketClub’s Trade Triangles for TXGM

long term up The long-term trend has been UP since Dec 11th, 2019 at 79.28

intermediate term up The intermediate-term trend has been UP since Feb 19th, 2020 at 80.96

short term up 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).

+100
Smart Scan Analysis for TXGM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
80.91 81.24 80.57 81.23 +0.58
Prev. Close Volume Bid Ask Time
80.85 147223691 2020-02-19 16:18:33
52wk High77.652wk High Date2018-06-07
52wk Low61.0152wk Low Date2018-09-11
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