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Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
S&P/TSX SmallCap Index (TSE:TX20)
Countertrend Up (+85) - TX20 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid TX20?
MarketClub looks at technical strength and momentum to determine if the timing is right for TX20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TX20
The long-term trend has been UP since Dec 27th, 2023 at 713.40
The intermediate-term trend has been UP since Jul 5th, 2024 at 769.99
The short-term trend has been DOWN since Jul 25th, 2024 at 778.25
Smart Scan Analysis for TX20
Based on our trend formula, TX20 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 782.12 | 788.63 | 780.45 | 787.98 | +9.66 |
| Prev. Close | Volume | Bid | Ask | Time |
| 778.32 | 56470039 | 2024-07-26 15:59:47 |
| 52wk High | 673.29 | 52wk High Date | 2018-01-16 |
| 52wk Low | 538.42 | 52wk Low Date | 2018-11-27 |