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Index Trend Analysis Report
Prepared for you on Friday, August 29, 2025.
S&P TSX 60 COMPOSITE INDEX BANKS (TSE:TXBA)
Long-Term Uptrend (+90) - TXBA is in a strong uptrend that is likely to continue. While TXBA is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Aug 12th, 2025 at 5222.23
The short-term trend has been UP since Aug 6th, 2025 at 5161.44
Smart Scan Analysis for TXBA
Based on our trend formula, TXBA is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5484.81 | 5532.50 | 5478.13 | 5523.88 | +34.20 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5489.68 | 13907917 | 2025-08-29 15:59:47 |
| 52wk High | 3580.38 | 52wk High Date | 2018-09-21 |
| 52wk Low | 3182.16 | 52wk Low Date | 2018-11-20 |