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Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
S&P/TSX Global Mining Index (TSE:TXGM)
Crossroads (-60) - TXGM is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid TXGM?
MarketClub looks at technical strength and momentum to determine if the timing is right for TXGM.
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 TXGM
The long-term trend has been UP since Sep 25th, 2024 at 127.40
The intermediate-term trend has been DOWN since Dec 16th, 2024 at 121.20
The short-term trend has been DOWN since Dec 12th, 2024 at 124.94
Smart Scan Analysis for TXGM
Based on our trend formula, TXGM is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 116.99 | 116.99 | 115.95 | 116.85 | -0.04 |
| Prev. Close | Volume | Bid | Ask | Time |
| 116.85 | 54529557 | 2024-12-24 13:56:13 |
| 52wk High | 77.6 | 52wk High Date | 2018-06-07 |
| 52wk Low | 61.01 | 52wk Low Date | 2018-09-11 |