TSX Composite Index (GSPTSE.CA)

Close: 18 126.00 (-194.95), Mar 4, 2021
Positive

Low risk

Automatic technical analysis. Medium term, Mar 4, 2021

TSX Composite Index is in a rising trend channel in the medium long term. This shows that investors over time have bought the index at higher prices and indicates good development for the market. The index is testing the support at points 18000. This could give a positive reaction, but a downward breakthrough of points 18000 means a negative signal. RSI diverges negatively against the price, which indicates a danger for a reaction down. The index is overall assessed as technically positive for the medium long term.

Recommendation one to six months: Positive (Score: 72)

Period  
Vol.bal. Volatility Liquidity +/- %
1 day-0.90%0.00-1.06%
5 days0.002.85%0.00-0.54%
22 days0.008.61%0.00+2.45%
66 days0.0020.69%0.00+4.46%

More analyses of TSX Composite Index

chart TSX Composite Index (GSPTSE) Candlesticks 22 Days
Candlesticks
chart TSX Composite Index (GSPTSE) Short term
Short term: Positive
chart TSX Composite Index (GSPTSE) Medium term
Medium term: Positive
chart TSX Composite Index (GSPTSE) Long term
Long term: Weak Positive
 


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Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

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