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Stock Trend Analysis Report
Prepared for you on Thursday, December 7, 2023.
SPDR Portfolio Mortgage Backed Bond ETF (PACF:SPMB)
Long-Term Uptrend (+90) - SPMB is in a strong uptrend that is likely to continue. While SPMB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SPMB?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPMB.
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 SPMB
The long-term trend has been UP since Dec 5th, 2023 at 21.48
The intermediate-term trend has been UP since Nov 3rd, 2023 at 20.78
The short-term trend has been UP since Nov 28th, 2023 at 21.22
Smart Scan Analysis for SPMB
Based on our trend formula, SPMB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 21.5300 | 21.6200 | 21.5000 | 21.5701 | +0.0301 |
| Prev. Close | Volume | Bid | Ask | Time |
| 21.5400 | 763060 | 2023-12-07 15:59:32 |
| 52wk High | 22.67 | 52wk High Date | 2023-02-02 |
| 52wk Low | 20 | 52wk Low Date | 2023-10-23 |
| Average Volume | 819,662 | Shares Outstanding | 4,200 |