Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
S&P TSX 60 COMPOSITE INDEX BANKS (TSE:TXBA)
Sidelines Mode (-55) - TXBA 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 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for TXBA
The long-term trend has been UP since Dec 13th, 2023 at 3793.94
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 3975.49
The short-term trend has been UP since Apr 19th, 2024 at 3947.71
Smart Scan Analysis for TXBA
Based on our trend formula, TXBA is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3980.85 | 3994.12 | 3971.54 | 3988.82 | +14.39 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3988.82 | 20962373 | 2024-04-23 16:00:02 |
| 52wk High | 3580.38 | 52wk High Date | 2018-09-21 |
| 52wk Low | 3182.16 | 52wk Low Date | 2018-11-20 |