Index Trend Analysis Report
Prepared for you on Wednesday, August 5, 2020.
S&P/TSX 60 Index (TSE:TX60)
Strong Uptrend (+100) - TX60 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TX60 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid TX60?
MarketClub looks at technical strength and momentum to determine if the timing is right for TX60.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TX60
The long-term trend has been UP since Jul 15th, 2020 at 963.58
The intermediate-term trend has been UP since Jul 13th, 2020 at 954.77
The short-term trend has been UP since Jul 29th, 2020 at 970.13
Smart Scan Analysis for TX60
Based on our trend formula, TX60 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||984.43||52wk High Date||2018-07-13|
|52wk Low||871.68||52wk Low Date||2018-10-29|