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Index Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

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

Sidelines Mode (+55) - SPBDAGVT 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 SPBDAGVT?

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

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

CME_SPBDAGVT
Open High Low SPBDAGVT Price Change
150.50 150.59 150.36 150.55 +0.24
Entry Signal

MarketClub’s Trade Triangles for SPBDAGVT

long term up The long-term trend has been UP since Dec 6th, 2023 at 148.27

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 150.55

short term up The short-term trend has been UP since Apr 18th, 2024 at 150.71

Smart Scan Analysis for SPBDAGVT

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

+55
Smart Scan Analysis for SPBDAGVT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
150.50 150.59 150.36 150.55 +0.24
Prev. Close Volume Bid Ask Time
150.55 0 2024-04-19 03:50:07
52wk High147.10152wk High Date2018-10-30
52wk Low141.30452wk Low Date2018-01-19
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