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Index Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

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

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
2177.44 2204.86 2176.47 2204.00 +30.62
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 down The intermediate term trend has been DOWN since Aug 1st, 2019 at 2293.96

short term down The short term trend has been DOWN since Aug 13th, 2019 at 2223.84

Smart Scan Analysis for TXIE

Based on a pre-defined weighted trend formula for chart analysis, TXIE scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for TXIE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2177.44 2204.86 2176.47 2204.00 +30.62
Prev. Close Volume Bid Ask Time
2279.57 15606871 2019-08-16 15:59:47
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.