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Index Trend Analysis Report

Prepared for you on Saturday, May 28, 2022.

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

Sidelines Mode (-55) - TXHB 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 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
27.58 27.86 27.33 27.81 +0.11
Entry Signal

MarketClub’s Trade Triangles for TXHB

long term down The long-term trend has been DOWN since May 9th, 2022 at 25.86

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2022 at 29.89

short term up The short-term trend has been UP since May 13th, 2022 at 25.85

Smart Scan Analysis for TXHB

Based on our trend formula, TXHB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for TXHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.58 27.86 27.33 27.81 +0.11
Prev. Close Volume Bid Ask Time
27.70 75126552 2022-05-27 15:57:16
52wk High26.9952wk High Date2018-05-22
52wk Low18.452wk Low Date2018-11-28
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