Index Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
S&P TSX COMPOSITE HIGH BETA INDEX (TSE:TXHB)
Bull Market Weakness (+75) - TXHB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TXHB as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TXHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for TXHB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TXHB
The long-term trend has been UP since Jun 5th, 2020 at 15.03
The intermediate-term trend has been UP since Feb 5th, 2021 at 21.68
The short-term trend has been DOWN since Feb 26th, 2021 at 22.74
Smart Scan Analysis for TXHB
Based on our trend formula, TXHB is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||26.99||52wk High Date||2018-05-22|
|52wk Low||18.4||52wk Low Date||2018-11-28|