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Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
S&P/ASX Corporate Bond 0-20 Year Index (CME:SPBAC20T)
Strong Uptrend (+100) - SPBAC20T is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPBAC20T continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Jul 14th, 2024 at 169.52
The short-term trend has been UP since Jul 25th, 2024 at 170.16
Smart Scan Analysis for SPBAC20T
Based on our trend formula, SPBAC20T is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 170.25 | 170.33 | 170.16 | 170.33 | +0.09 |
| Prev. Close | Volume | Bid | Ask | Time |
| 170.24 | 0 | 2024-07-26 03:49:56 |