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Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
S&P/ASX Australian Fixed Interest 0-20 Year Index (CME:SPBA20T)
Countertrend Up (+85) - SPBA20T is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SPBA20T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBA20T.
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 SPBA20T
The long-term trend has been UP since Dec 3rd, 2024 at 158.77
The intermediate-term trend has been UP since Nov 18th, 2024 at 155.44
The short-term trend has been UP since Dec 16th, 2024 at 158.01
Smart Scan Analysis for SPBA20T
Based on our trend formula, SPBA20T is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 156.61 | 156.62 | 156.59 | 156.61 | +0.04 |
| Prev. Close | Volume | Bid | Ask | Time |
| 156.57 | 0 | 2024-12-26 16:57:25 |