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Index Trend Analysis Report

Prepared for you on Saturday, October 16, 2021.

S&P TSX EQUAL WEIGHT INDUSTRIALS INDEX (TSE:TXIE)

Long-Term Uptrend (+90) - TXIE is in a strong uptrend that is likely to continue. While TXIE 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 TXIE?

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

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

TSE_TXIE
Open High Low TXIE Price Change
3371.22 3375.39 3355.44 3370.95 +12.11
Entry Signal

MarketClub’s Trade Triangles for TXIE

long term up The long-term trend has been UP since Aug 7th, 2020 at 2309.38

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2021 at 3353.37

short term up The short-term trend has been UP since Oct 7th, 2021 at 3265.59

Smart Scan Analysis for TXIE

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

+90
Smart Scan Analysis for TXIE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3371.22 3375.39 3355.44 3370.95 +12.11
Prev. Close Volume Bid Ask Time
3370.95 17700475 2021-10-15 16:00:02
52wk High2408.7652wk High Date2018-08-30
52wk Low2076.2152wk Low Date2018-11-20
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