^TXBA (TSX)

^TXBA TSX

S&P/TSX COMPOSITE INDEX BANKS

STAY LONG

6331

Prev.Close

6292

Change

+39.0000

Change%

+0.62%

BEARISH THREE GAP UPS

Bought at

6203.30

Open

6295

High

6333

Low

6293

6331

Gain%

+2.06%

Signal History

Date	Price	Signal	Change%		CAD100⇨
04/12	6203	BUY	+2.1%	✔	114
01/12	6082	SELL	+2.0%	❌	114
24/11	5995	BUY	+1.4%	✔	113
20/11	5920	SHORT	+1.3%	❌	115
17/11	5959	BUY	-0.7%	❌	116
13/11	5983	SELL	-0.4%	✔	117
14/10	5818	BUY	+2.8%	✔	114
08/10	5800	SHORT	+0.3%	❌	115
06/08	5168	BUY	+12.2%	✔ 👍	103
28/07	5178	SELL	-0.2%	✔	103
17/07	5158	BUY	+0.4%	✔	103
15/07	5126	SELL	+0.6%	❌	103
18/06	4950	BUY	+3.5%	✔	100

† Trade commissions are taken as 0.25%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to STAY LONG. The previous BUY signal was issued on 04/12/2025, 1 day ago, when the index value was 6203. Since then, ^TXBA has risen by +2.06%.

Market Outlook

Today's candlestick analysis unveiled a new bearish pattern, signaling market participants to remain vigilant. Market focus has shifted to the downside. Based on this pattern, in response to the emerging market bearishness, the system has established new confirmation and stop-loss levels. The signal tells us to STAY LONG, but the chance of a bearish confirmation that will change the signal to <SELL is very high. The Delayed Intraday Module is ON. Given the risks involved, we highly recommend closely monitoring intraday price movements.

Pattern Description

This is a four-day bearish reversal pattern. It consists of three consecutive days, each opening with a gap up. After Three Gap Ups, the market becomes significantly overbought, signaling a potential reversal of the current uptrend. more...

Date	Price	Signal	Change%		CAD100⇨
04/12	6203	BUY	+2.1%	✔	125
01/12	6082	SELL	+2.0%	❌	125
24/11	5995	BUY	+1.4%	✔	124
20/11	5920	SHORT	+1.3%	❌	126
17/11	5959	BUY	-0.7%	❌	128
13/11	5983	SELL	-0.4%	✔	128
14/10	5818	BUY	+2.8%	✔	125
08/10	5800	SHORT	+0.3%	❌	126
06/08	5168	BUY	+12.2%	✔ 👍	113
28/07	5178	SELL	-0.2%	✔	113
17/07	5158	BUY	+0.4%	✔	113
15/07	5126	SELL	+0.6%	❌	113
18/06	4950	BUY	+3.5%	✔	109
29/05	4916	SELL	+0.7%	❌	110
23/05	4833	BUY	+1.7%	✔	108
21/05	4797	SELL	+0.8%	❌	108
24/04	4467	BUY	+7.4%	✔	101
21/04	4365	SHORT	+2.3%	❌	104
14/04	4340	BUY	+0.6%	✔	104
27/03	4559	SELL	-4.8%	✔	104
14/03	4455	BUY	+2.3%	✔	102
04/03	4603	SHORT	-3.2%	✔	99
28/02	4699	BUY	-2.0%	❌	102
20/02	4663	SHORT	+0.8%	❌	103
19/02	4691	BUY	-0.6%	❌	104
14/02	4659	SHORT	+0.7%	❌	106
06/02	4663	BUY	-0.1%	❌	106
31/01	4764	SELL	-2.1%	✔	107
16/01	4682	BUY	+1.8%	✔	105
14/01	4620	SHORT	+1.3%	❌	107
09/01	4684	BUY	-1.4%	❌	109
07/01	4665	SHORT	+0.4%	❌	110
06/12	4740	BUY	-1.6%	❌	112
03/12	4701	SELL	+0.8%	❌	113
05/11	4530	BUY	+3.8%	✔	109
21/10	4566	SELL	-0.8%	✔	109
15/10	4519	BUY	+1.0%	✔	108
10/10	4485	SHORT	+0.8%	❌	110
04/10	4527	BUY	-0.9%	❌	111
02/10	4506	SELL	+0.5%	❌	111