Index Trend Analysis Report
Prepared for you on Saturday, October 1, 2022.
S&P/ASX Corporate Bond BBB Rating Band Index (CME:SPBDAC4T)
Sidelines Mode (+55) - SPBDAC4T 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 SPBDAC4T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDAC4T.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPBDAC4T
The long-term trend has been UP since Aug 2nd, 2022 at 173.54
The intermediate-term trend has been DOWN since Sep 22nd, 2022 at 169.06
The short-term trend has been UP since Sep 29th, 2022 at 168.20
Smart Scan Analysis for SPBDAC4T
Based on our trend formula, SPBDAC4T is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||165.045||52wk High Date||2018-10-30|
|52wk Low||159.045||52wk Low Date||2017-12-27|