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Index Trend Analysis Report

Prepared for you on Saturday, December 7, 2024.

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
210.27 210.27 206.66 206.73 -3.41
Entry Signal

MarketClub’s Trade Triangles for TXBM

long term up The long-term trend has been UP since Nov 7th, 2024 at 220.39

intermediate term up The intermediate-term trend has been UP since Dec 3rd, 2024 at 212.06

short term down The short-term trend has been DOWN since Dec 6th, 2024 at 207.93

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
210.27 210.27 206.66 206.73 -3.41
Prev. Close Volume Bid Ask Time
206.73 42628985 2024-12-06 16:45:02
52wk High144.652wk High Date2018-01-12
52wk Low98.5652wk Low Date2018-10-26
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