Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

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

Crossroads (-60) - TXIE is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
3387.39 3401.38 3377.88 3395.94 +15.95
Entry Signal

MarketClub’s Trade Triangles for TXIE

long term up The long-term trend has been UP since Dec 14th, 2023 at 3270.12

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 3459.93

short term down The short-term trend has been DOWN since Apr 25th, 2024 at 3371.43

Smart Scan Analysis for TXIE

Based on our trend formula, TXIE is rated as a -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
3387.39 3401.38 3377.88 3395.94 +15.95
Prev. Close Volume Bid Ask Time
3379.99 6116663 2024-04-26 15:34:02
52wk High2408.7652wk High Date2018-08-30
52wk Low2076.2152wk Low Date2018-11-20
Get a free daily analysis and signals for S&P TSX EQUAL WEIGHT INDUSTRIALS INDEX (TXIE) - Request Your Free Report.