Index Trend Analysis Report
Prepared for you on Friday, July 19, 2019.
S&P/TSX Capped Consumer Staples Index (TSE:TTCS)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for TTCS
The long term trend has been UP since Nov 21st, 2018 at 547.38
The intermediate term trend has been DOWN since Jun 21st, 2019 at 622.11
The short term trend has been DOWN since Jul 10th, 2019 at 611.33
Smart Scan Analysis for TTCS
Based on a pre-defined weighted trend formula for chart analysis, TTCS scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||567.53||52wk High Date||2018-07-16|
|52wk Low||496.79||52wk Low Date||2018-11-02|