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Index Trend Analysis Report

Prepared for you on Thursday, October 22, 2020.

S&P TSX HIGH INCOME ENERGY INDEX (TSE:TXHE)

Strong Downtrend (-100) - TXHE is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid TXHE?

MarketClub looks at technical strength and momentum to determine if the timing is right for TXHE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_TXHE
Open High Low TXHE Price Change
268.77 268.77 264.65 265.70 -4.09
Entry Signal

MarketClub’s Trade Triangles for TXHE

long term down The long-term trend has been DOWN since Feb 25th, 2020 at 431.66

intermediate term down The intermediate-term trend has been DOWN since Aug 31st, 2020 at 300.54

short term down The short-term trend has been DOWN since Oct 15th, 2020 at 269.10

Smart Scan Analysis for TXHE

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

-100
Smart Scan Analysis for TXHE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
268.77 268.77 264.65 265.70 -4.09
Prev. Close Volume Bid Ask Time
277.01 30645290 2020-10-21 16:00:02
52wk High643.9652wk High Date2018-01-15
52wk Low506.4252wk Low Date2018-11-28
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