Index Trend Analysis Report
Prepared for you on Monday, May 10, 2021.
S&P/TSX Preferred Share Index (TSE:TXPR)
Countertrend Up (+85) - TXPR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
MarketClub’s Trade Triangles for TXPR
The long-term trend has been UP since Jul 15th, 2020 at 541.66
The intermediate-term trend has been UP since Apr 19th, 2021 at 663.60
The short-term trend has been DOWN since Apr 19th, 2021 at 662.11
Smart Scan Analysis for TXPR
Based on our trend formula, TXPR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||725.74||52wk High Date||2018-01-09|
|52wk Low||632.64||52wk Low Date||2018-11-27|