Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

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

Long-Term Uptrend (+90) - TXBM is in a strong uptrend that is likely to continue. While TXBM is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
191.69 191.85 188.50 188.64 -1.70
Entry Signal

MarketClub’s Trade Triangles for TXBM

long term up The long-term trend has been UP since Mar 13th, 2024 at 186.42

intermediate term up The intermediate-term trend has been UP since Mar 4th, 2024 at 175.23

short term up The short-term trend has been UP since Feb 29th, 2024 at 170.58

Smart Scan Analysis for TXBM

Based on our trend formula, TXBM is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for TXBM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
191.69 191.85 188.50 188.64 -1.70
Prev. Close Volume Bid Ask Time
188.68 62936821 2024-03-18 16:19:48
52wk High144.652wk High Date2018-01-12
52wk Low98.5652wk Low Date2018-10-26
Get a free daily analysis and signals for S&P/TSX Global Base Metals Index (TXBM) - Request Your Free Report.