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Stock Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
SPDR Portfolio Corporate Bond ETF (PACF:SPBO)
Bull Market Weakness (+75) - SPBO is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPBO as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for SPBO
The long-term trend has been DOWN since Mar 1st, 2023 at 28.320
The intermediate-term trend has been UP since Nov 3rd, 2023 at 27.545
The short-term trend has been UP since Oct 23rd, 2023 at 27.030
Smart Scan Analysis for SPBO
Based on our trend formula, SPBO is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 28.520 | 28.599 | 28.480 | 28.570 | +0.190 |
| Prev. Close | Volume | Bid | Ask | Time |
| 28.600 | 234738 | 2023-11-29 15:59:54 |
| 52wk High | 29.94 | 52wk High Date | 2023-02-02 |
| 52wk Low | 26.75 | 52wk Low Date | 2023-10-19 |
| Average Volume | 388,592 | Shares Outstanding | 1,000 |