Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Monday, May 23, 2022.
S&P/TSX Equity Income Index (TSE:TXEI)
Bear Market Rally (-75) - TXEI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TXEI as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid TXEI?
MarketClub looks at technical strength and momentum to determine if the timing is right for TXEI.
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 TXEI
The long-term trend has been DOWN since May 12th, 2022 at 136.27
The intermediate-term trend has been DOWN since Apr 22nd, 2022 at 144.95
The short-term trend has been UP since May 17th, 2022 at 140.56
Smart Scan Analysis for TXEI
Based on our trend formula, TXEI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 141.20 | 141.47 | 139.33 | 140.84 | +0.47 |
| Prev. Close | Volume | Bid | Ask | Time |
| 140.85 | 61092297 | 2022-05-20 15:59:46 |
| 52wk High | 115 | 52wk High Date | 2017-12-13 |
| 52wk Low | 100.67 | 52wk Low Date | 2018-10-30 |