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Index Trend Analysis Report

Prepared for you on Wednesday, January 26, 2022.

S&P/TSX Clean Technology Index (TSE:TXCT)

Long-Term Downtrend (-90) - TXCT is in a strong downtrend that is likely to continue. While TXCT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid TXCT?

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

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

TSE_TXCT
Open High Low TXCT Price Change
178.53 180.87 177.52 178.83 +2.61
Entry Signal

MarketClub’s Trade Triangles for TXCT

long term down The long-term trend has been DOWN since May 4th, 2021 at 238.48

intermediate term down The intermediate-term trend has been DOWN since Jan 10th, 2022 at 190.77

short term down The short-term trend has been DOWN since Jan 21st, 2022 at 181.14

Smart Scan Analysis for TXCT

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

-90
Smart Scan Analysis for TXCT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
178.53 180.87 177.52 178.83 +2.61
Prev. Close Volume Bid Ask Time
176.22 2787058 2022-01-26 12:22:17
52wk High149.8752wk High Date2017-12-18
52wk Low119.5252wk Low Date2018-11-20
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