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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

S&P/TSX Equal Weight Oil & Gas Index (TSE:TXOE)

Strong Uptrend (+100) - TXOE is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TXOE 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 TXOE?

MarketClub looks at technical strength and momentum to determine if the timing is right for TXOE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_TXOE
Open High Low TXOE Price Change
301.85 306.74 301.25 306.05 +4.34
Entry Signal

MarketClub’s Trade Triangles for TXOE

long term up The long-term trend has been UP since Mar 1st, 2024 at 285.27

intermediate term up The intermediate-term trend has been UP since Feb 21st, 2024 at 274.67

short term up The short-term trend has been UP since Apr 19th, 2024 at 305.54

Smart Scan Analysis for TXOE

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

+100
Smart Scan Analysis for TXOE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
301.85 306.74 301.25 306.05 +4.34
Prev. Close Volume Bid Ask Time
301.71 10504442 2024-04-19 13:12:32
52wk High25952wk High Date2018-07-13
52wk Low188.852wk Low Date2018-11-28
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