Index Trend Analysis Report
Prepared for you on Thursday, August 22, 2019.
S&P/TSX Capped Telecommunication Services Index (TSE:TTTS)
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 TTTS
The long term trend has been DOWN since Jul 23rd, 2019 at 175.18
The intermediate term trend has been UP since Aug 19th, 2019 at 178.63
The short term trend has been DOWN since Aug 20th, 2019 at 176.02
Smart Scan Analysis for TTTS
Based on a pre-defined weighted trend formula for chart analysis, TTTS scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||175.59||52wk High Date||2017-11-30|
|52wk Low||153.22||52wk Low Date||2018-04-04|