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Index Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
S&P/ASX Corporate Bond Index (CME:SPBDACPT)
Sidelines Mode (+55) - SPBDACPT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPBDACPT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDACPT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPBDACPT
The long-term trend has been UP since Aug 31st, 2023 at 167.48
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 172.96
The short-term trend has been UP since Apr 18th, 2024 at 173.39
Smart Scan Analysis for SPBDACPT
Based on our trend formula, SPBDACPT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 173.35 | 173.39 | 173.28 | 173.31 | +0.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 173.25 | 0 | 2024-04-19 02:59:45 |
| 52wk High | 154.544 | 52wk High Date | 2018-10-30 |
| 52wk Low | 149.408 | 52wk Low Date | 2017-12-27 |