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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

SPDR Portfolio Mortgage Backed Bond ETF (PACF:SPMB)

Bull Market Weakness (+75) - SPMB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPMB as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SPMB?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPMB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_SPMB
Open High Low SPMB Price Change
21.320 21.400 21.290 21.395 +0.075
Entry Signal

MarketClub’s Trade Triangles for SPMB

long term down The long-term trend has been DOWN since Apr 3rd, 2024 at 21.38

intermediate term up The intermediate-term trend has been UP since May 7th, 2024 at 21.33

short term up The short-term trend has been UP since May 3rd, 2024 at 21.16

Smart Scan Analysis for SPMB

Based on our trend formula, SPMB is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SPMB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.320 21.400 21.290 21.395 +0.075
Prev. Close Volume Bid Ask Time
21.320 340343 2024-05-09 14:48:37
52wk High22.3452wk High Date2023-05-11
52wk Low2052wk Low Date2023-10-23
Average Volume812,745Shares Outstanding4,200
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