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.
MarketClub’s Trade Triangles for SPBA15T
The long-term trend has been DOWN since Jan 7th, 2021 at 162.82
The intermediate-term trend has been UP since Mar 23rd, 2021 at 159.77
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).