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Index Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

S&P/TSX Preferred Share Index (TSE:TXPR)

Bull Market Weakness (+75) - TXPR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TXPR as it may be in the beginning stages of a reversal.

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

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

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

TSE_TXPR
Open High Low TXPR Price Change
596.18 596.43 593.98 593.98 -2.20
Entry Signal

MarketClub’s Trade Triangles for TXPR

long term up The long-term trend has been UP since Nov 22nd, 2023 at 533.19

intermediate term up The intermediate-term trend has been UP since Apr 30th, 2024 at 584.63

short term down The short-term trend has been DOWN since May 21st, 2024 at 597.38

Smart Scan Analysis for TXPR

Based on our trend formula, TXPR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for TXPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
596.18 596.43 593.98 593.98 -2.20
Prev. Close Volume Bid Ask Time
593.98 1408376 2024-05-22 16:10:02
52wk High725.7452wk High Date2018-01-09
52wk Low632.6452wk Low Date2018-11-27
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