Index Trend Analysis Report
Prepared for you on Friday, September 20, 2019.
S&P/TSX Capped Information Technology Index (TSE:TTTK)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 TTTK
The long term trend has been UP since Feb 1st, 2019 at 81.10
The intermediate term trend has been DOWN since Sep 10th, 2019 at 111.46
The short term trend has been UP since Sep 20th, 2019 at 112.47
Smart Scan Analysis for TTTK
Based on a pre-defined weighted trend formula for chart analysis, TTTK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||87.26||52wk High Date||2018-07-20|
|52wk Low||63.04||52wk Low Date||2017-12-05|