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Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
S&P/ASX Corporate Bond 0-15 Year Index (CME:SPBAC15T)
Weak Uptrend (+65) - SPBAC15T is showing signs of weakening momentum to the upside. Monitor SPBAC15T as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPBAC15T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBAC15T.
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 SPBAC15T
The long-term trend has been UP since Aug 31st, 2023 at 162.04
The intermediate-term trend has been UP since Nov 10th, 2024 at 173.64
The short-term trend has been DOWN since Dec 19th, 2024 at 174.64
Smart Scan Analysis for SPBAC15T
Based on our trend formula, SPBAC15T is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 174.81 | 174.81 | 174.67 | 174.67 | -0.14 |
| Prev. Close | Volume | Bid | Ask | Time |
| 174.98 | 0 | 2024-12-24 00:59:55 |