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S&P/TSX 60 Index

TX60.TS•INDEX
$1890.93
$-12.52(-0.66%)
Canadian Market opens in 48h 5m

S&P/TSX 60 Index (TX60.TS) Index: Technical Analysis & Trading Signals Today

Comprehensive technical indicators and trading signals for informed investment decisions

TX60.TS Technical Analysis Summary

S&P/TSX 60 Index index currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 42.86)
Trend Strength:Moderate (ADX: 24.62)
Volatility:Low (ATR: 26.07)
Support/Resistance:$1886.57 – $1994.85 (Bollinger Bands)

Technical conditions suggest S&P/TSX 60 Index is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 42.86

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 33.46

Bearish
Momentum remains weak below midpoint.

Williams %R: -77.45

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -2.70

Bearish
Selling pressure outweighs buying.

Takeaway:S&P/TSX 60 Index shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 2.55

Bullish
Bullish, trend momentum is strengthening.

ADX: 24.62

Moderate
Moderate trend, direction gaining strength.

ATR (14): 26.07

Rising
Rising volatility, market activity increasing.

CCI (14): -117.28

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:S&P/TSX 60 Index shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1994.85
Middle Band (SMA 20)
$1940.71
Lower Band
$1886.57
Current Position
Within Bands

Takeaway:S&P/TSX 60 Index trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$1984.01
Middle Line (EMA 20)
$1931.88
Lower Channel
$1879.74
Squeeze Status
No Squeeze

Takeaway:S&P/TSX 60 Index trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume1.71B
Money Flow Index46.37Neutral, balanced money flows with no clear signal.
Relative Vigor Index46.47Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:TX60.TS shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of S&P/TSX 60 Index, here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for S&P/TSX 60 Index are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ