Analyze Symbol

Index Trend Analysis Report

Prepared for you on Wednesday, January 23, 2019.

S&P TSX GLOBAL MINING INDEX (TSE:TXGM)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

TSE_TXGM
Open High Low TXGM Price Change
67.07 67.07 66.33 66.77 -0.90
Entry Signal

MarketClub’s Trade Triangles for TXGM

long term up The long term trend has been UP since Dec 28th, 2018 at 67.77

intermediate term up The intermediate term trend has been UP since Dec 12th, 2018 at 65.66

short term down The short term trend has been DOWN since Jan 22nd, 2019 at 66.71

Smart Scan Analysis for TXGM

Based on a pre-defined weighted trend formula for chart analysis, TXGM scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for TXGM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
67.07 67.07 66.33 66.77 -0.90
Prev. Close Volume Bid Ask Time
66.78 0 2019-01-22 16:03:03
52wk High77.652wk High Date2018-06-07
52wk Low61.0152wk Low Date2018-09-11
Want to analyze S&P TSX GLOBAL MINING INDEX TXGM or another symbol? Try our Free Index Trend Analysis Report.