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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.
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MarketClub’s Trade Triangles for TXBM
The long-term trend has been UP since Dec 22nd, 2021 at 176.55
The intermediate-term trend has been UP since Dec 7th, 2021 at 171.59
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).
| 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 High | 144.6 | 52wk High Date | 2018-01-12 |
| 52wk Low | 98.56 | 52wk Low Date | 2018-10-26 |