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Index Trend Analysis Report

Prepared for you on Friday, June 9, 2023.

S&P TSX COMPOSITE LOW VOLATILITY INDEX (TSE:TXLV)

Long-Term Downtrend (-90) - TXLV is in a strong downtrend that is likely to continue. While TXLV is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid TXLV?

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

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

TSE_TXLV
Open High Low TXLV Price Change
425.38 425.53 423.73 425.46 +0.11
Entry Signal

MarketClub’s Trade Triangles for TXLV

long term down The long-term trend has been DOWN since Mar 16th, 2023 at 419.84

intermediate term down The intermediate-term trend has been DOWN since May 23rd, 2023 at 434.66

short term down The short-term trend has been DOWN since Jun 8th, 2023 at 424.82

Smart Scan Analysis for TXLV

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

-90
Smart Scan Analysis for TXLV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
425.38 425.53 423.73 425.46 +0.11
Prev. Close Volume Bid Ask Time
425.46 59678397 2023-06-08 16:00:01
52wk High435.952wk High Date2017-12-18
52wk Low392.4252wk Low Date2018-10-29
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