Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Wednesday, February 5, 2025.

S&P/TSX 60 Index (TSE:TX60)

Countertrend Up (+85) - TX60 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 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.

TSE_TX60
Open High Low TX60 Price Change
1521.90 1531.02 1520.85 1530.04 +9.78
Entry Signal

MarketClub’s Trade Triangles for TX60

long term up The long-term trend has been UP since Jul 12th, 2024 at 1348.19

intermediate term up The intermediate-term trend has been UP since Jan 20th, 2025 at 1511.12

short term down The short-term trend has been DOWN since Feb 3rd, 2025 at 1531.08

Smart Scan Analysis for TX60

Based on our trend formula, TX60 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for TX60
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1521.90 1531.02 1520.85 1530.04 +9.78
Prev. Close Volume Bid Ask Time
1520.26 21425094 2025-02-05 11:44:31
52wk High984.4352wk High Date2018-07-13
52wk Low871.6852wk Low Date2018-10-29
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