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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.

CME_SPBDAC4T
Open High Low SPBDAC4T Price Change
167.75 168.25 167.74 168.19 +0.33
Entry Signal

MarketClub’s Trade Triangles for SPBDAC4T

long term up The long-term trend has been UP since Aug 2nd, 2022 at 173.54

intermediate term down The intermediate-term trend has been DOWN since Sep 22nd, 2022 at 169.06

short term up 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).

+55
Smart Scan Analysis for SPBDAC4T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
167.75 168.25 167.74 168.19 +0.33
Prev. Close Volume Bid Ask Time
168.19 0 2022-09-30 03:47:25
52wk High165.04552wk High Date2018-10-30
52wk Low159.04552wk Low Date2017-12-27
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