Index Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
S&P/TSX 60 Capped Index (TSE:TX6C)
Countertrend Down (-85) - TX6C is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
MarketClub’s Trade Triangles for TX6C
The long-term trend has been DOWN since Feb 27th, 2020 at 1094.11
The intermediate-term trend has been DOWN since Feb 25th, 2020 at 1145.02
The short-term trend has been UP since Mar 24th, 2020 at 854.02
Smart Scan Analysis for TX6C
Based on our trend formula, TX6C is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1088.59||52wk High Date||2018-07-13|
|52wk Low||963.91||52wk Low Date||2018-10-29|