Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
S&P TSX COMPOSITE BUYBACK INDEX (TSE:TXBB)
Bull Market Weakness (+75) - TXBB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TXBB as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TXBB?
MarketClub looks at technical strength and momentum to determine if the timing is right for TXBB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for TXBB
The long-term trend has been UP since Jul 12th, 2023 at 9347.93
The intermediate-term trend has been UP since Oct 1st, 2024 at 11557.45
The short-term trend has been UP since Oct 21st, 2024 at 11768.56
Smart Scan Analysis for TXBB
Based on our trend formula, TXBB is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11642.50 | 11642.50 | 11568.55 | 11606.36 | -49.75 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11656.11 | 30243725 | 2024-10-22 15:57:16 |
| 52wk High | 7235.92 | 52wk High Date | 2018-08-30 |
| 52wk Low | 6231.13 | 52wk Low Date | 2018-02-09 |