Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
S&P/TSX SmallCap Index (TSE:TX20)
Sidelines Mode (+55) - TX20 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 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.
|
|||||||||||||||
|
|||||||||||||||
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 Mar 1st, 2024 at 708.56
The short-term trend has been DOWN since Apr 12th, 2024 at 765.86
Smart Scan Analysis for TX20
Based on our trend formula, TX20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 748.71 | 755.24 | 748.17 | 753.09 | +2.37 |
| Prev. Close | Volume | Bid | Ask | Time |
| 753.27 | 61043801 | 2024-04-19 15:59:32 |
| 52wk High | 673.29 | 52wk High Date | 2018-01-16 |
| 52wk Low | 538.42 | 52wk Low Date | 2018-11-27 |