Index Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
S&P/TSX 60 Index (TSE:TX60)
Weak Downtrend (-65) - TX60 is showing signs of a strengthening downtrend. Monitor TX60 as it may be building momentum to the downside.
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 DOWN since May 9th, 2022 at 1234.58
The intermediate-term trend has been DOWN since Apr 21st, 2022 at 1311.34
The short-term trend has been UP since May 25th, 2022 at 1232.20
Smart Scan Analysis for TX60
Based on our trend formula, TX60 is rated as a -65 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|