Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

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

Strong Uptrend (+100) - TXGM is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TXGM continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

Open High Low TXGM Price Change
108.51 111.46 108.51 111.15 +4.18
Entry Signal

MarketClub’s Trade Triangles for TXGM

long term up The long-term trend has been UP since Dec 30th, 2021 at 104.93

intermediate term up The intermediate-term trend has been UP since Dec 17th, 2021 at 102.04

short term up The short-term trend has been UP since Jan 19th, 2022 at 108.29

Smart Scan Analysis for TXGM

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

Smart Scan Analysis for TXGM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
108.51 111.46 108.51 111.15 +4.18
Prev. Close Volume Bid Ask Time
106.97 235328894 2022-01-19 16:18:03
52wk High77.652wk High Date2018-06-07
52wk Low61.0152wk Low Date2018-09-11
Get a free daily analysis and signals for S&P/TSX Global Mining Index (TXGM) - Request Your Free Report.