S&p/tsx Composite Index Index Forecast

Buy or Hold candidate since Jun 08, 2026 Gain 2.28%

The S&p/tsx Composite Index index price fell by -0.236% on the last day (Friday, 17th Jul 2026) from 35,340.15 points to 35,256.75 points. During the last trading day the index fluctuated 0.89% from a day low at 35,034.03 points to a day high of 35,346.36 points. The price has been going up and down for this period, and there has been a -0.06% loss for the last 2 weeks. Volume fell on the last day along with the index, which is actually a good sign as volume should follow the index. On the last day, the trading volume fell by -69 million shares and in total, 151 million shares were bought and sold for approximately 5.31 points trillion.

The index lies in the middle of a narrow and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the index is expected to rise 4.94% during the next 3 months and, with a 90% probability hold a price between 36,541.60 points and 37,827.87 points at the end of this 3-month period.

^GSPTSE Signals & Forecast

The S&p/tsx Composite Index index holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the index giving a positive forecast for the index. On further gains, the index will meet resistance from the short-term Moving Average at approximately 35,298.87 points. On a fall, the index will find some support from the long-term average at approximately 34,976.77 points. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, July 15, 2026, and so far it has fallen -0.450%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for S&p/tsx Composite Index index

S&p/tsx Composite Index finds support from accumulated volume at 35,212.30 points and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the index tends to have very controlled movements and with good liquidity the risk is considered very low in this index. During the last day, the index moved 312.33 points between high and low, or 0.89%. For the last week the index has had daily average volatility of 0.751%.

Our recommended stop-loss: 33,845.75 points (-4.00%) (This index has very low daily movements and this gives very low risk. There is a sell signal from a pivot top found 2 days ago.)

Trading Expectations (^GSPTSE) For The Upcoming Trading Day Of Monday 20th

For the upcoming trading day on Monday, 20th we expect S&p/tsx Composite Index to open at 35,212.38 points, and during the day (based on 14 day Average True Range), to move between 35,088.37 points and 35,425.13 points, which gives a possible trading interval of +/-336.76 points (+/-0.96%) up or down from last closing price. If S&p/tsx Composite Index takes out the full calculated possible swing range there will be an estimated 0.96% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 35,272.60 points (0.04%) than the support at 35,212.30 points (0.13%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is S&p/tsx Composite Index index A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for S&p/tsx Composite Index index to perform well in the short-term.

Current score: 2.364 Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on July 20, 2026 - 35,212.38 points ( 0.126%).

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