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Index Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
S&P/ASX Australian Fixed Interest 20+ Year Index (CME:SPBA21T)
Long-Term Downtrend (-90) - SPBA21T is in a strong downtrend that is likely to continue. While SPBA21T is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPBA21T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBA21T.
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 SPBA21T
The long-term trend has been DOWN since Apr 25th, 2024 at 116.56
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 118.90
The short-term trend has been DOWN since Apr 23rd, 2024 at 118.22
Smart Scan Analysis for SPBA21T
Based on our trend formula, SPBA21T is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 114.89 | 115.16 | 114.48 | 115.16 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 115.16 | 0 | 2024-04-26 03:47:56 |