Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

S&P/ASX Australian Fixed Interest 0-15 Year Index (CME:SPBA15T)

Sidelines Mode (+55) - SPBA15T 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 SPBA15T?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBA15T.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPBA15T
Open High Low SPBA15T Price Change
160.04 160.04 160.04 160.04 +0.22
Entry Signal

MarketClub’s Trade Triangles for SPBA15T

long term down The long-term trend has been DOWN since Jan 7th, 2021 at 162.82

intermediate term up The intermediate-term trend has been UP since Mar 23rd, 2021 at 159.77

short term down The short-term trend has been DOWN since May 11th, 2021 at 160.16

Smart Scan Analysis for SPBA15T

Based on our trend formula, SPBA15T is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPBA15T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
160.04 160.04 160.04 160.04 +0.22
Prev. Close Volume Bid Ask Time
159.82 0 2021-05-12 03:54:07
Get a free daily analysis and signals for S&P/ASX Australian Fixed Interest 0-15 Year Index (SPBA15T) - Request Your Free Report.