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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

S&P/TSX 60 Capped Index (TSE:TX6C)

Sidelines Mode (-55) - TX6C 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 TX6C?

MarketClub looks at technical strength and momentum to determine if the timing is right for TX6C.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_TX6C
Open High Low TX6C Price Change
1438.47 1449.61 1436.51 1445.89 +8.03
Entry Signal

MarketClub’s Trade Triangles for TX6C

long term up The long-term trend has been UP since Dec 13th, 2023 at 1370.90

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 1452.77

short term up The short-term trend has been UP since Apr 19th, 2024 at 1444.56

Smart Scan Analysis for TX6C

Based on our trend formula, TX6C is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for TX6C
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1438.47 1449.61 1436.51 1445.89 +8.03
Prev. Close Volume Bid Ask Time
1437.86 58138582 2024-04-19 15:59:31
52wk High1088.5952wk High Date2018-07-13
52wk Low963.9152wk Low Date2018-10-29
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