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Index Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
S&P/ASX Supranational & Sovereign Bond Index (CME:SPBDASAT)
Sidelines Mode (+55) - SPBDASAT 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 SPBDASAT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDASAT.
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 SPBDASAT
The long-term trend has been UP since Sep 1st, 2023 at 157.27
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 161.02
The short-term trend has been UP since Apr 18th, 2024 at 161.41
Smart Scan Analysis for SPBDASAT
Based on our trend formula, SPBDASAT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 161.34 | 161.43 | 161.32 | 161.43 | +0.13 |
| Prev. Close | Volume | Bid | Ask | Time |
| 161.30 | 0 | 2024-04-23 02:59:30 |
| 52wk High | 148.277 | 52wk High Date | 2018-11-29 |
| 52wk Low | 143.107 | 52wk Low Date | 2018-01-22 |