TSX Composite Index (GSPTSE.CA)

Close: 24 728.00 (+254.85), Apr 24, 2025
Positive

Low risk

chart TSX Composite Index (GSPTSE) Candlesticks 22 Days
Candlesticks
chart TSX Composite Index (GSPTSE) Short term
Short term: Weak Positive
chart TSX Composite Index (GSPTSE) Medium term
Medium term: Positive
chart TSX Composite Index (GSPTSE) Long term
Long term: Hold
chart TSX Composite Index (GSPTSE)
RSI - Relative Strength Index

Short term

TSX Composite Index is in a falling trend channel in the short term. This signals increasing pessimism among investors and indicates further decline for TSX Composite Index. The index has broken up through resistance at points 24500. This predicts a further rise. The index is assessed as technically slightly positive for the short term.

Recommendation one to six weeks: Weak Positive (Score: 45)

Medium term

TSX Composite Index has broken through the floor of a rising trend channel in the medium long term. This indicates a slower rising rate at first, or the start of a more horizontal development. The index has broken up through resistance at points 24400. This predicts a further rise. In case of negative reactions, there will now be support at points 24400. The index is assessed as technically positive for the medium long term.

Recommendation one to six months: Positive (Score: 83)

Long term

TSX Composite Index has broken the floor of the rising trend channel in the long term, which indicates a weaker initial rising rate. The index is approacing resistance at 25800 points, which may give a negative reaction. However, a break upwards through 25800 points will be a positive signal. The index is assessed as technically neutral for the long term.

Recommendation one to six quarters: Hold (Score: 0)


Overall analysis

TSX Composite Index is technically positive for the short and medium term, and neutral for the long term.

Recommendation one to six months: Positive (Score: 63)

Period  
Vol.bal. Volatility Liquidity +/- %
1 day-0.60%0.00+1.04%
5 days0.001.97%0.00+2.58%
22 days0.004.81%0.00-2.28%
66 days0.008.65%0.00-1.76%
 


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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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