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Index Trend Analysis Report

Prepared for you on Wednesday, January 22, 2025.

S&P/TSX Global Mining Index (TSE:TXGM)

Long-Term Uptrend (+90) - TXGM is in a strong uptrend that is likely to continue. While TXGM is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

TSE_TXGM
Open High Low TXGM Price Change
123.38 123.43 121.91 121.91 -0.93
Entry Signal

MarketClub’s Trade Triangles for TXGM

long term up The long-term trend has been UP since Sep 25th, 2024 at 127.40

intermediate term up The intermediate-term trend has been UP since Jan 16th, 2025 at 120.95

short term up The short-term trend has been UP since Jan 8th, 2025 at 118.52

Smart Scan Analysis for TXGM

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

+90
Smart Scan Analysis for TXGM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
123.38 123.43 121.91 121.91 -0.93
Prev. Close Volume Bid Ask Time
122.84 157595848 2025-01-22 16:47:04
52wk High77.652wk High Date2018-06-07
52wk Low61.0152wk Low Date2018-09-11
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