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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.
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MarketClub’s Trade Triangles for TXHE
The long-term trend has been DOWN since Feb 25th, 2020 at 431.66
The intermediate-term trend has been DOWN since Aug 31st, 2020 at 300.54
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).
| 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 High | 643.96 | 52wk High Date | 2018-01-15 |
| 52wk Low | 506.42 | 52wk Low Date | 2018-11-28 |