Index Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
S&P/ASX Corporate Bond 0-20 Year Index (CME:SPBAC20T)
Weak Downtrend (-65) - SPBAC20T is showing signs of a strengthening downtrend. Monitor SPBAC20T as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPBAC20T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBAC20T.
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 SPBAC20T
The long-term trend has been UP since Aug 31st, 2023 at 161.83
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 167.20
The short-term trend has been DOWN since Apr 10th, 2024 at 167.71
Smart Scan Analysis for SPBAC20T
Based on our trend formula, SPBAC20T is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
167.29 | 167.57 | 167.21 | 167.27 | +0.03 |
Prev. Close | Volume | Bid | Ask | Time |
167.24 | 0 | 2024-04-18 19:21:55 |