Stock Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
SPDR Portfolio Corporate Bond ETF (PACF:SPBO)
Countertrend Down (-85) - SPBO is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SPBO?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPBO
The long-term trend has been DOWN since Oct 5th, 2021 at 35.08
The intermediate-term trend has been DOWN since Sep 28th, 2021 at 35.35
The short-term trend has been UP since Oct 13th, 2021 at 34.94
Smart Scan Analysis for SPBO
Based on our trend formula, SPBO is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||36.2403||52wk High Date||2020-12-31|
|52wk Low||33.96||52wk Low Date||2021-03-18|
|Average Volume||168,505||Shares Outstanding||1,000|