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Index Trend Analysis Report
Prepared for you on Thursday, March 12, 2026.
S&P TSX 60 COMPOSITE INDEX BANKS (TSE:TXBA)
Weak Downtrend (-65) - TXBA is showing signs of a strengthening downtrend. Monitor TXBA as it may be building momentum to the downside.
Is it time to buy, sell, or avoid TXBA?
MarketClub looks at technical strength and momentum to determine if the timing is right for TXBA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TXBA
The long-term trend has been UP since May 14th, 2025 at 4728.27
The intermediate-term trend has been DOWN since Mar 6th, 2026 at 6525.73
The short-term trend has been DOWN since Mar 2nd, 2026 at 6711.77
Smart Scan Analysis for TXBA
Based on our trend formula, TXBA is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6508.41 | 6519.85 | 6448.97 | 6457.33 | -99.88 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6557.21 | 8406953 | 2026-03-12 15:59:17 |
| 52wk High | 3580.38 | 52wk High Date | 2018-09-21 |
| 52wk Low | 3182.16 | 52wk Low Date | 2018-11-20 |