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.
MarketClub’s Trade Triangles for TXSI
The long-term trend has been UP since May 20th, 2020 at 159.86
The intermediate-term trend has been UP since Apr 7th, 2020 at 129.75
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).
|52wk High||136.3||52wk High Date||2018-07-19|
|52wk Low||110.89||52wk Low Date||2018-02-09|