S&p/tsx Composite Index Index Forecast

Sell candidate since Jun 05, 2026

The S&p/tsx Composite Index index price fell by -2.31% on the last day (Friday, 5th Jun 2026) from 35,223.60 points to 34,410.21 points. During the last trading day the index fluctuated 2.01% from a day low at 34,379.72 points to a day high of 35,071.82 points. The price has risen in 6 of the last 10 days but is still down by -0.16% for this period. Volume has increased on the last day by 29 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 214 million shares were bought and sold for approximately 7.36 points trillion.

The index lies in the middle of a 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 7.67% during the next 3 months and, with a 90% probability hold a price between 35,961.22 points and 37,969.48 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 34,792.13 points. On a fall, the index will find some support from the long-term average at approximately 34,191.59 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 Thursday, June 04, 2026, and so far it has fallen -2.31%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the index should be followed more closely.

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

S&p/tsx Composite Index finds support from accumulated volume at 33,181.39 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 692.10 points between high and low, or 2.01%. For the last week the index has had daily average volatility of 1.27%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (^GSPTSE) For The Upcoming Trading Day Of Monday 8th

For the upcoming trading day on Monday, 8th we expect S&p/tsx Composite Index to open at 34,620.58 points, and during the day (based on 14 day Average True Range), to move between 34,207.45 points and 34,612.97 points, which gives a possible trading interval of +/-405.52 points (+/-1.19%) 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 1.19% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 34,692.13 points (0.82%) than the support at 33,181.39 points (3.57%), 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?

S&p/tsx Composite Index holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this index. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this index since the last evaluation from a Buy to a Sell candidate.

Current score: -1.478 Sell Candidate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on June 8, 2026 - 34,620.58 points ( 0.611%).

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