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Index Trend Analysis Report

Prepared for you on Sunday, May 16, 2021.

S&P TSX COMPOSITE HIGH BETA INDEX (TSE:TXHB)

Countertrend Up (+85) - TXHB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

TSE_TXHB
Open High Low TXHB Price Change
24.50 24.90 24.50 24.85 +0.50
Entry Signal

MarketClub’s Trade Triangles for TXHB

long term up The long-term trend has been UP since Jun 5th, 2020 at 15.03

intermediate term up The intermediate-term trend has been UP since Apr 14th, 2021 at 24.55

short term down The short-term trend has been DOWN since May 11th, 2021 at 24.75

Smart Scan Analysis for TXHB

Based on our trend formula, TXHB is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for TXHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.50 24.90 24.50 24.85 +0.50
Prev. Close Volume Bid Ask Time
24.85 69619961 2021-05-14 15:57:46
52wk High26.9952wk High Date2018-05-22
52wk Low18.452wk Low Date2018-11-28
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