Index Trend Analysis Report
Prepared for you on Friday, December 13, 2024.
S&P/ASX Australian Government Bond 10-15 Year Index (CME:SPBAG05T)
Countertrend Up (+85) - SPBAG05T 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 SPBAG05T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBAG05T.
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 SPBAG05T
The long-term trend has been UP since Dec 4th, 2024 at 178.82
The intermediate-term trend has been UP since Nov 18th, 2024 at 168.01
The short-term trend has been DOWN since Dec 11th, 2024 at 169.92
Smart Scan Analysis for SPBAG05T
Based on our trend formula, SPBAG05T is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
169.41 | 169.71 | 169.36 | 169.62 | +0.24 |
Prev. Close | Volume | Bid | Ask | Time |
169.38 | 0 | 2024-12-13 01:44:05 |