Title
by Americanbulls.com LLC
  • English
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Last Update
26/02/2021
^TXBA
S&P/TSX COMPOSITE INDEX BANKS
Last Signal: SELL
Last Pattern: BEARISH ENGULFING
Last Close:
3,550.0600
Change:
-49.2000
Percent change
-1.37%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH ENGULFING pattern finally received a confirmation because the values crossed below the confirmation level which was at 3,599.2600, and our valid average selling value stands now at 3,580.6800. The previous BUY signal was issued on 16/02/2021, 10 days ago, when the index value was 3,435.9500. Since then ^TXBA has risen by +4.21%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...
Signal History
Date 
Price 
Signal 
 
CAD100⇨ 
26/02/20213,580.6800SELL 116.10
16/02/20213,435.9500BUY 111.69
10/02/20213,414.1800SHORT 112.97
02/02/20213,362.1700BUY 111.81
19/01/20213,446.8700SELL 112.09
05/01/20213,330.9500BUY 108.59
14/12/20203,345.3600SELL 108.86
08/12/20203,332.5800BUY 108.72
30/11/20203,303.1900SELL 108.99
10/11/20203,020.3000BUY 99.91
06/11/20202,904.9800SELL 100.16
29/10/20202,807.4250BUY 97.04
27/10/20202,877.1900SELL 97.28
22/10/20202,898.1600BUY 98.23
09/10/20202,950.5000SELL 98.48
05/10/20202,903.9200BUY 97.17
30/09/20202,864.1400SHORT 99.03
28/09/20202,908.5300BUY 101.07
16/09/20202,959.9400SHORT 99.84
09/09/20202,959.4000BUY 100.32
28/08/20203,055.1600SELL 100.57
26/08/20203,022.7000BUY 99.75
† Trade commissions are taken as 0.25%.
Date 
Price 
Signal 
 
CAD100⇨ 
26/02/20213,580.6800SELL 116.21
16/02/20213,435.9500BUY 111.79
10/02/20213,414.1800SHORT 113.07
02/02/20213,362.1700BUY 111.91
19/01/20213,446.8700SELL 112.19
05/01/20213,330.9500BUY 108.69
14/12/20203,345.3600SELL 108.96
08/12/20203,332.5800BUY 108.82
30/11/20203,303.1900SELL 109.09
10/11/20203,020.3000BUY 100.00
06/11/20202,904.9800SELL 100.25
29/10/20202,807.4250BUY 97.13
27/10/20202,877.1900SELL 97.37
22/10/20202,898.1600BUY 98.33
09/10/20202,950.5000SELL 98.58
05/10/20202,903.9200BUY 97.27
30/09/20202,864.1400SHORT 99.13
28/09/20202,908.5300BUY 101.17
16/09/20202,959.9400SHORT 99.94
09/09/20202,959.4000BUY 100.42
28/08/20203,055.1600SELL 100.67
26/08/20203,022.7000BUY 99.85
17/08/20202,929.9500SELL 100.10
30/06/20202,775.0600BUY 95.05
11/06/20202,795.4300SELL 95.29
02/06/20202,782.6500BUY 95.09
29/05/20202,732.3600SELL 95.33
26/05/20202,592.0300BUY 90.66
13/05/20202,574.2400SHORT 91.75
11/05/20202,602.4400BUY 93.22
01/05/20202,603.8400SELL 93.45
27/04/20202,547.5900BUY 91.66
15/04/20202,620.8100SELL 91.89
08/04/20202,683.9600BUY 94.34
03/04/20202,546.8600SHORT 100.21
25/03/20202,522.4900BUY 99.75
† Trade commissions are taken as 0.25%.
Date 
Price 
Signal 
 
CAD100⇨ 
26/02/20213,580.6800SELL 109.62
16/02/20213,435.9500BUY 105.45
10/02/20213,414.1800SHORT 106.66
02/02/20213,362.1700BUY 105.56
19/01/20213,446.8700SELL 105.82
05/01/20213,330.9500BUY 102.52
14/12/20203,345.3600SELL 102.78
08/12/20203,332.5800BUY 102.64
30/11/20203,303.1900SELL 102.90
10/11/20203,020.3000BUY 94.32
06/11/20202,904.9800SELL 94.56
29/10/20202,807.4250BUY 91.61
27/10/20202,877.1900SELL 91.84
22/10/20202,898.1600BUY 92.74
09/10/20202,950.5000SELL 92.97
05/10/20202,903.9200BUY 91.73
30/09/20202,864.1400SHORT 93.49
28/09/20202,908.5300BUY 95.42
16/09/20202,959.9400SHORT 94.26
09/09/20202,959.4000BUY 94.72
28/08/20203,055.1600SELL 94.96
26/08/20203,022.7000BUY 94.19
17/08/20202,929.9500SELL 94.43
30/06/20202,775.0600BUY 89.66
11/06/20202,795.4300SELL 89.88
02/06/20202,782.6500BUY 89.69
29/05/20202,732.3600SELL 89.91
26/05/20202,592.0300BUY 85.51
13/05/20202,574.2400SHORT 86.54
11/05/20202,602.4400BUY 87.93
01/05/20202,603.8400SELL 88.15
27/04/20202,547.5900BUY 86.46
15/04/20202,620.8100SELL 86.68
08/04/20202,683.9600BUY 88.99
03/04/20202,546.8600SHORT 94.53
25/03/20202,522.4900BUY 94.10
25/02/20203,444.0000SELL 94.34
04/02/20203,438.7600BUY 94.43
28/01/20203,444.8500SELL 94.67
08/01/20203,399.7700BUY 93.67
19/12/20193,411.2500SHORT 93.82
12/12/20193,409.5000BUY 94.24
05/12/20193,427.8500SHORT 94.21
21/10/20193,443.7100BUY 95.12
17/10/20193,429.7800SELL 95.36
15/10/20193,432.2300BUY 95.67
08/10/20193,364.2700SHORT 98.13
04/10/20193,377.3700BUY 99.01
01/10/20193,458.7800SELL 99.26
26/09/20193,459.3500BUY 99.53
24/09/20193,445.7600SELL 99.78
06/09/20193,271.9500BUY 94.98
03/09/20193,224.5900SELL 95.22
29/08/20193,220.2800BUY 95.33
15/08/20193,191.4700SHORT 96.68
08/08/20193,299.0100BUY 100.44
30/07/20193,375.9800SELL 100.69
23/07/20193,381.7200BUY 101.11
21/06/20193,386.4700SELL 101.36
14/06/20193,336.2300BUY 100.11
29/05/20193,345.6000SHORT 100.33
15/05/20193,380.0800BUY 101.87
08/05/20193,429.5800SELL 102.13
29/04/20193,461.5400BUY 103.34
22/04/20193,441.8300SELL 103.60
01/04/20193,336.7400BUY 100.69
20/03/20193,406.5800SHORT 99.16
15/03/20193,409.9000BUY 99.75
† Trade commissions are taken as 0.25%.

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