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Index Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

S&P/TSX Capped Composite Index (TSE:T00C)

Sidelines Mode (+55) - T00C 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 T00C?

MarketClub looks at technical strength and momentum to determine if the timing is right for T00C.

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

Open High Low T00C Price Change
23486.14 23607.84 23479.38 23549.58 +55.43
Entry Signal

MarketClub’s Trade Triangles for T00C

long term down The long-term trend has been DOWN since Mar 16th, 2023 at 22197.78

intermediate term up The intermediate-term trend has been UP since Nov 3rd, 2023 at 22903.43

short term down The short-term trend has been DOWN since Dec 7th, 2023 at 23490.40

Smart Scan Analysis for T00C

Based on our trend formula, T00C is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for T00C
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23486.14 23607.84 23479.38 23549.58 +55.43
Prev. Close Volume Bid Ask Time
23494.15 87438598 2023-12-08 14:01:01
52wk High19216.6352wk High Date2018-07-13
52wk Low16961.1752wk Low Date2018-10-29
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