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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.

TSE_TX6C
Open High Low TX6C Price Change
873.10 874.20 849.57 853.81 -48.77
Entry Signal

MarketClub’s Trade Triangles for TX6C

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 1094.11

intermediate term down The intermediate-term trend has been DOWN since Feb 25th, 2020 at 1145.02

short term up 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).

-85
Smart Scan Analysis for TX6C
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
873.10 874.20 849.57 853.81 -48.77
Prev. Close Volume Bid Ask Time
1075.00 221988618 2020-03-27 16:00:01
52wk High1088.5952wk High Date2018-07-13
52wk Low963.9152wk Low Date2018-10-29
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