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Index Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

S&P/TSX Global Base Metals Index (TSE:TXBM)

Sidelines Mode (+55) - TXBM 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 TXBM?

MarketClub looks at technical strength and momentum to determine if the timing is right for TXBM.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_TXBM
Open High Low TXBM Price Change
189.74 189.92 185.33 185.40 -7.20
Entry Signal

MarketClub’s Trade Triangles for TXBM

long term up The long-term trend has been UP since Dec 22nd, 2021 at 176.55

intermediate term up The intermediate-term trend has been UP since Dec 7th, 2021 at 171.59

short term down The short-term trend has been DOWN since Jan 21st, 2022 at 191.93

Smart Scan Analysis for TXBM

Based on our trend formula, TXBM is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for TXBM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
189.74 189.92 185.33 185.40 -7.20
Prev. Close Volume Bid Ask Time
185.40 82818269 2022-01-21 16:57:11
52wk High144.652wk High Date2018-01-12
52wk Low98.5652wk Low Date2018-10-26
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