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

TMX
+ Share

TMX is now overbought with the Stochastic Oscillator @80
Stochastic Oscillator /
TMX is now overbought with the Stochastic Oscillator @80

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

[Uptrend]: Recent trading for X confirms bullish TMA(5) signal
Triangular Moving Average /
[Uptrend]: Recent trading for X confirms bullish TMA(5) signal

[BULLISH]: TMX currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is 0.9%.

Accumulation / Distribution /
Accumulation still active for TMX

[BULLISH]: TMX current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 665858.

Money Flow Index /
TMX: Overbought signal confirmed during trading session

[BULLISH CROSSOVER]: TMX current price has driven MFI to become oversold signalling the start of bullish trading conditions. Currently, the MFI is 84.02. During the quarter, the lowest MFI value was 17.98.

Close Tod Vs Close Yest /
Closing price for TMX has seen buyers win the daily battle for performance @ 0.9%

[BULLISH]: TMXbuyers are currently keener than sellers and are driving the price up. This is the first day of price rise for X adding strength to an uptrend change in the first timeframe. The biggest upward movement this month has been 1.7 & the greatest daily positive change this year has been 9.2. The longest consecutive upswing rally over the last 12 months has been 9 days giving a total rally upward movement of 9.5%. This quarter, the largest upswing rally has been 2 days giving a total rally upward movement of 9.5%. The win ratio for price rise in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 1x. Over the last month the average daily upward movement has been 1.200000%

MACD /
Positive momentum on the MACD histogram for X is maintained & supports a bullish move is likely

[BULLISH]: TMX currently has positive MACD of 0.1502. This means the signal line is greater than the MACD line signalling a bullish movement.

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Volume /
TMX: Daily volume is 102429 [Higher Volume]

[BULLISH]: TMX current volume uptrend in the first timeframe. Volume for X is 102429 (9.1).

High Price /
TMX: Daily high price is $85.83 [Lower High]

X: HIGH Current Signal -> (1) 22 Jun: BEARISH (2) 21 Jun: BEARISH (3) 20 Jun: BULLISH

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TMX has moved above the R1 DeMark pivot point ($85.5525) [Bullish]
Demarks Pivot Points /
TMX has moved above the R1 DeMark pivot point ($85.5525) [Bullish]

TMX has broken the first DeMark support point ($85.5525) [Bearish]. Look for a short limit order entry near this point. Exit price for X should be set @$85.2750 & short position stoploss for TMX should be set at $86.345

DPO for X has confirmed price is currently above the displaced moving average
Detrended Price Oscillator /
DPO for X has confirmed price is currently above the displaced moving average

[BULLISH]: TMX currently has a confirmed uptrend. Price is currently above the displaced moving average for X. Currently, the return on DPO20 is 0.9%.

Percentage Volume /
TMX: Percentage Volume Oscillator (-4.98)

X: PVO Recent Trading -> (1) 22 Jun: -4.98 (2) 21 Jun: -6.1 (3) 20 Jun: -6.54

Short White Candle /
X Basic Candle: Short White

[BULLISH WEAK]: TMX has formed a Short White candlestick. This means, X has limited price movement derived from weak buying pressure. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Closing Price /
[Bullish]: A higher close performance for X by 0.9 % achieved during last session

[BULLISH]: TMX current uptrend in the first timeframe. Currently, the Close is $85.79.

William %R overbought signal has just been triggered for TMX
Williams %R /
William %R overbought signal has just been triggered for TMX

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

Recent trading was only supported by low volume for TMX
Ease of Movement /
Recent trading was only supported by low volume for TMX

X: EOM Current Signal -> (1) 22 Jun: BEARISH EASY (2) 21 Jun: BEARISH EASY (3) 20 Jun: BULLISH EASY

Average Directional Movement /
X: Average Directional Index has confirmed a very strong trend @53.74

[Stong Trend]: ADX for X has confirmed a very strong trend is present. TMX has an ATR(14) of 1.547, a DX of 62.15 & an ADX(14) of 53.74

Relative Strength Index /
Relative Strength Index for X is still above the Overbought limit signalling a bearish movement

[BEARISH]: TMX is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. RSI is currently overbought @73.2

Elder Ray Index /
TMX: Elder Ray Index is 1.181 [Bullish]

X: Elder Ray Index Current Signal -> (1) 22 Jun: BULLISH (2) 21 Jun: BULLISH (3) 20 Jun: BULLISH

X: Price continues to move below the Lower Envelope Band @$78.6315
Moving Average Envelope /
X: Price continues to move below the Lower Envelope Band @$78.6315

[BEARISH]: TMX current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 86.9085.

Traders are currently accumulating TMX
On Balance Volume /
Traders are currently accumulating TMX

[BULLISH]: TMX current price has highlighted recent accumulation. Currently, the OBV is 1.53534e+006.

Price continues to trade below the Simple Moving Average(5) for X
Simple Moving Average /
Price continues to trade below the Simple Moving Average(5) for X

[BEARISH]: TMX currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is 0.9%.

Open Tod Vs Close Tod /
TMX: Buyers have taken control.

[BULLISH]: TMX opened in the middle part of daily range at 48.6% & closed in the upper part of the trading range at 96.3%. This suggests the buyers have taken control. Over the last 12 months there has been 23 trading days with the opening price in the middle shadow & the closing the price in the upper shadow giving a confirmation ratio of 8.7%. Over the last month there has been 2 trading days with the opening price in the middle price range & the closing the price in the upper price range giving a confirmation ratio of 13.3%.

Low Price /
TMX: Daily low performance is 0.1 % [Uptrend]

[BEARISH]: TMX current uptrend in the first timeframe. Currently, the Low is $84.76 (0.1 %).

Sine Weighted 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 SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is 0.9%.

Volume Rate of Change /
Volume rate of change(14) is increasing for TMX

[BULLISH]: TMX currently has positive volume of change of 31%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is 0.9%.

TMX has moved above the 161.8% extension level ($29.53) [Bearish]
Fibonacci Extensions /
TMX has moved above the 161.8% extension level ($29.53) [Bearish]

TMX has moved above the 161.8% level ($29.53) [Bearish]. Look for a short limit order entry near this point. Exit price for X should be set @$32.91 & short position stoploss for TMX should be set at $26.15

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

X: WMA Current Signal -> (1) 22 Jun: BEARISH (2) 21 Jun: BEARISH CROSSOVER (3) 20 Jun: BULLISH

Opening Price /
TMX: Daily opening price is $85.28

[BULLISH]: TMX opening price has gapped up. Currently, the OPEN is $85.28 (-1.3 %).

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