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Index Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

S&P/ASX Corporate Bond A Rating Band Index (CME:SPBDAC3T)

Crossroads (-60) - SPBDAC3T is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SPBDAC3T?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDAC3T.

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

CME_SPBDAC3T
Open High Low SPBDAC3T Price Change
173.96 174.01 173.90 173.91 -0.10
Entry Signal

MarketClub’s Trade Triangles for SPBDAC3T

long term up The long-term trend has been UP since Aug 31st, 2023 at 168.69

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 173.93

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 174.45

Smart Scan Analysis for SPBDAC3T

Based on our trend formula, SPBDAC3T is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SPBDAC3T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
173.96 174.01 173.90 173.91 -0.10
Prev. Close Volume Bid Ask Time
174.01 0 2024-04-16 03:00:00
52wk High155.21352wk High Date2018-10-30
52wk Low150.16752wk Low Date2018-01-22
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