Index Trend Analysis Report
Prepared for you on Friday, September 21, 2018.
S&P ASX STATE GOVT BOND INDEX TRUST (CME:SPBDAGST)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SPBDAGST
The long term trend has been UP since Mar 26th, 2017 at 142.190
The intermediate term trend has been DOWN since Sep 18th, 2018 at 148.751
The short term trend has been DOWN since Sep 9th, 2018 at 149.037
Smart Scan Analysis for SPBDAGST
Based on a pre-defined weighted trend formula for chart analysis, SPBDAGST scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||149.61||52wk High Date||2018-09-03|
|52wk Low||143.179||52wk Low Date||2017-09-21|