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Index Trend Analysis Report

Prepared for you on Monday, July 6, 2020.

S&P/TSX 60 Shariah Index (TSE:TXSI)

Long-Term Uptrend (+90) - TXSI is in a strong uptrend that is likely to continue. While TXSI is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

Open High Low TXSI Price Change
170.72 171.48 167.84 167.96 -0.40
Entry Signal

MarketClub’s Trade Triangles for TXSI

long term up The long-term trend has been UP since May 20th, 2020 at 159.86

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2020 at 129.75

short term up The short-term trend has been UP since Jun 29th, 2020 at 163.50

Smart Scan Analysis for TXSI

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

Smart Scan Analysis for TXSI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
170.72 171.48 167.84 167.96 -0.40
Prev. Close Volume Bid Ask Time
153.24 16469397 2020-07-06 16:00:01
52wk High136.352wk High Date2018-07-19
52wk Low110.8952wk Low Date2018-02-09
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