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Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

S&P/ASX Australian Government Bond Index (CME:SPBDAGCT)

Sidelines Mode (+55) - SPBDAGCT 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 SPBDAGCT?

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

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

CME_SPBDAGCT
Open High Low SPBDAGCT Price Change
146.88 147.03 146.83 147.00 +0.17
Entry Signal

MarketClub’s Trade Triangles for SPBDAGCT

long term up The long-term trend has been UP since Dec 6th, 2023 at 144.94

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 147.07

short term up The short-term trend has been UP since Apr 18th, 2024 at 147.16

Smart Scan Analysis for SPBDAGCT

Based on our trend formula, SPBDAGCT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPBDAGCT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
146.88 147.03 146.83 147.00 +0.17
Prev. Close Volume Bid Ask Time
146.83 0 2024-04-23 02:55:45
52wk High145.19252wk High Date2018-10-30
52wk Low138.89852wk Low Date2018-04-24
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