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Index Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

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

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

TSE_TXIE
Open High Low TXIE Price Change
2257.89 2264.94 2253.76 2257.60 +5.61
Entry Signal

MarketClub’s Trade Triangles for TXIE

long term up The long term trend has been UP since Feb 20th, 2019 at 2185.76

intermediate term up The intermediate term trend has been UP since May 15th, 2019 at 2234.00

short term down The short term trend has been DOWN since May 23rd, 2019 at 2271.72

Smart Scan Analysis for TXIE

Based on a pre-defined weighted trend formula for chart analysis, TXIE scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for TXIE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2257.89 2264.94 2253.76 2257.60 +5.61
Prev. Close Volume Bid Ask Time
2165.75 11898778 2019-05-24 16:00:02
52wk High2408.7652wk High Date2018-08-30
52wk Low2076.2152wk Low Date2018-11-20
Want to analyze S&P TSX EQUAL WEIGHT INDUSTRIALS INDEX TXIE or another symbol? Try our Free Index Trend Analysis Report.