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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.

TSE_TXEI
Open High Low TXEI Price Change
141.20 141.47 139.33 140.84 +0.47
Entry Signal

MarketClub’s Trade Triangles for TXEI

long term down The long-term trend has been DOWN since May 12th, 2022 at 136.27

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2022 at 144.95

short term up 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).

-75
Smart Scan Analysis for TXEI
Strong Downtrend Sideways 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 High11552wk High Date2017-12-13
52wk Low100.6752wk Low Date2018-10-30
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