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Index Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

S&P TSX 60 COMPOSITE INDEX BANKS (TSE:TXBA)

Strong Uptrend (+100) - TXBA is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TXBA continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

TSE_TXBA
Open High Low TXBA Price Change
4644.35 4646.50 4618.99 4636.74 +0.97
Entry Signal

MarketClub’s Trade Triangles for TXBA

long term up The long-term trend has been UP since Jul 16th, 2024 at 4110.72

intermediate term up The intermediate-term trend has been UP since Oct 16th, 2024 at 4559.68

short term up The short-term trend has been UP since Nov 20th, 2024 at 4637.90

Smart Scan Analysis for TXBA

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

+100
Smart Scan Analysis for TXBA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4644.35 4646.50 4618.99 4636.74 +0.97
Prev. Close Volume Bid Ask Time
4638.24 8296999 2024-11-20 15:59:32
52wk High3580.3852wk High Date2018-09-21
52wk Low3182.1652wk Low Date2018-11-20
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