Index Trend Analysis Report
Prepared for you on Saturday, September 19, 2020.
S&P TSX COMPOSITE LOW VOLATILITY INDEX (TSE:TXLV)
Weak Downtrend (-65) - TXLV is showing signs of a strengthening downtrend. Monitor TXLV as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for TXLV
The long-term trend has been UP since Aug 4th, 2020 at 400.97
The intermediate-term trend has been DOWN since Aug 31st, 2020 at 401.48
The short-term trend has been DOWN since Sep 17th, 2020 at 399.88
Smart Scan Analysis for TXLV
Based on our trend formula, TXLV is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||435.9||52wk High Date||2017-12-18|
|52wk Low||392.42||52wk Low Date||2018-10-29|