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Index Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
S&P TSX 60 COMPOSITE INDEX BANKS (TSE:TXBA)
Crossroads (+60) - TXBA is struggling to move into a solid trend. Beware of choppy markets 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.
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MarketClub’s Trade Triangles for TXBA
The long-term trend has been DOWN since Mar 4th, 2025 at 4579.57
The intermediate-term trend has been UP since Apr 28th, 2025 at 4517.76
The short-term trend has been UP since Apr 14th, 2025 at 4352.13
Smart Scan Analysis for TXBA
Based on our trend formula, TXBA is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4618.88 | 4644.54 | 4609.17 | 4625.63 | +23.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4602.61 | 8301475 | 2025-05-08 15:59:17 |
| 52wk High | 3580.38 | 52wk High Date | 2018-09-21 |
| 52wk Low | 3182.16 | 52wk Low Date | 2018-11-20 |