Technical analysis from TMX (X.TO, TSE:X) on the Toronto Stock Exchange (TSX). Download the latest price data & trading signals

TMX
+ Share

TMX has moved below the S1 pivot point ($67.27) [Bearish]
Pivot Points /
TMX has moved below the S1 pivot point ($67.27) [Bearish]

TMX has broken the first support point ($67.27) [Bearish]. Look for a short limit order entry near this point. Exit price for X should be set @$66.97 & short position stoploss for TMX should be set between $68.33 & $68.63

TMX is in a short term downtrend with the closing price @$67.57
Weighted Moving Average /
TMX is in a short term downtrend with the closing price @$67.57

X: WMA Current Signal -> (1) 19 Oct: BULLISH (2) 18 Oct: BULLISH (3) 17 Oct: BULLISH

Sine Weighted Moving Average /
X: Price continues to move below the SWMA(5) @$67.933

[BEARISH]: TMX currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -0.6%.

Medium Trend /
TMX: 2nd timeframe trend Uptrend remains intact

[BULLISH]: TMX is in an uptrend in the medium term timeframe. The current rally number is 30 & the highest rally count for the LTM is 30. The highest rally for the month is 13

Aroon Oscillator /
TMX: ARO(36) has signalled an uptrend is current

[BULLISH]: TMX has a current ARO(25) of 36. This has change 0 points from yesterday.

Fibonacci Extensions /
TMX: Look for a short limit order entry @$25.28

TMX has moved above the 161.8% level ($25.28) [Bearish]. Look for a short limit order entry near this point. Exit price for X should be set @$26.96 & short position stoploss for TMX should be set at $23.6

Top companies for
Toronto Stock Exchange
Advertisment
Elders Force Index /
Price & volume confirms continued selling pressure for TMX is likely

[BEARISH]: TMX current price has highlighted recent selling pressure. Currently, the Elders Force Index is -79786.

Range Tod Vs Range Yest /
TMX: Range Performance (172)

X: Range today versus range yesterday Current Signal ->(1) 19 Oct: BULLISH (2) 18 Oct: BEARISH (3) 17 Oct: BULLISH

Advertisment
TMX: Turnover is $805.10M
PROFIT /
TMX: Turnover is $805.10M

TMX Key financial metrics: (1) Revenue: $805.10M (2) EBITDA: $453.70M (3) Price-Sales ratio: 4.67

This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -4.2%
Close Tod Vs Close Yest /
This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -4.2%

[BEARISH]: TMXsellers are keener than buyers and are driving the price down. This is the first day of price decline for X adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -4.1 & the greatest daily negative change this year has been -5. The longest consecutive downswing rally over the last 12 months has been 2 days giving a total rally downward movement of -4.2%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -4.2%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 1.1x. Over the last month the average daily downward movement has been -1.1%

Ease of Movement /
Trading session closed lower on low volume for TMX [Bearish]

X: EOM Current Signal -> (1) 19 Oct: BEARISH EASY (2) 18 Oct: BEARISH EASY (3) 17 Oct: BEARISH EASY

Williams %R /
Initiation of oversold signal for TMX

[BEARISH]: TMX is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

Ulcer Index /
Ulcer index has reduced in stress level & low drawdown is expected for X

[BEARISH]: TMX UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 3.259.

Third timeframe trend of TMX remains as an Uptrend
Long Trend /
Third timeframe trend of TMX remains as an Uptrend

[BULLISH]: TMX is in an uptrend in the medium term timeframe. The current rally number is 47 & the highest rally count for the LTM is 47. The highest rally for the month is 13

Stochastic oversold signal had been maintained for TMX
Stochastic Oscillator /
Stochastic oversold signal had been maintained for TMX

[BULLISH]: TMX is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.

Opening Price /
Strong opening from X has seen an increase of -0.4 % [Uptrend]

[BEARISH]: TMX opening price has gapped down. Currently, the OPEN is $67.92 (-0.4 %).

Exponential Moving Average /
TMX is in a short term downtrend with the closing price @$67.57

X: EMA(5) Current Signal -> (1) 19 Oct: BULLISH (2) 18 Oct: BULLISH (3) 17 Oct: BULLISH

High Price /
High for X has not surpassed the high of the previous trading session

[BEARISH]: TMX current downtrend in the first timeframe. Currently, the HIGH is -0.2 %.

[Downtrend]: Recent trading for X indicates ST trend is likely to continue
Triangular Moving Average /
[Downtrend]: Recent trading for X indicates ST trend is likely to continue

[BEARISH]: TMX currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -0.6%.

TMX: MCap is $3.74B
TRADE /
TMX: MCap is $3.74B

TMX key financial metrics: (1) MCAP: $3.74B (2) Shares: 55341000 (3) Free Float: 54696000

Accumulation still active for TMX
Accumulation / Distribution /
Accumulation still active for TMX

X: ADLINE Current Signal -> (1) 19 Oct: BULLISH (2) 18 Oct: BULLISH (3) 17 Oct: BULLISH

Price Range /
[Bullish]: TMX has beaten previous trading range

X: Price Range Current Signal -> (1) 19 Oct: BULLISH (2) 18 Oct: BEARISH (3) 17 Oct: BULLISH

MACD Volume /
X: Volume Moving Average Convergence Divergence [Bearish]

X: Volume MACD Current Signal -> (1) 19 Oct: BEARISH (2) 18 Oct: BEARISH (3) 17 Oct: BEARISH

VALUE /
X: EPS is 3.70

TMX Key financial metrics: (1) EPS: $3.70 (2) P/E Ratio: 18.24

Demarks Pivot Points /
TMX: Look for a long limit order entry @$67.575

TMX has broken the first DeMark resistance point ($67.575) [Bullish]. Look for a long limit order entry near this point. Exit price for X should be set @$67.8 & Stoploss for TMX should be set at $67.12

MACD oscillator remains negative for X
MACD /
MACD oscillator remains negative for X

[BEARISH]: TMX currently has negative MACD of -0.237000. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -1.9%.

TMX: Elder Ray Index is -0.792 [Bearish]
Elder Ray Index /
TMX: Elder Ray Index is -0.792 [Bearish]

[BEARISH]: TMXElder Ray Index is signalling a Bearish movementERI is -0.792 indicating bear power. Prices are being driven below the consensus of value for X during the last trading session [Selling Pressure]

Simple Moving Average /
[Bearish]: Trend following indicator for X highlights downward price direction is likely

[BULLISH]: TMX currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -0.6%.

See More   See more results
Advertisment
Advertisment
back to top