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Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

S&P/ASX Australian Government Bond 10-15 Year Index (CME:SPBAG05T)

Weak Downtrend (-65) - SPBAG05T is showing signs of a strengthening downtrend. Monitor SPBAG05T as it may be building momentum to the downside.

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.

CME_SPBAG05T
Open High Low SPBAG05T Price Change
164.67 165.01 162.92 163.27 -1.33
Entry Signal

MarketClub’s Trade Triangles for SPBAG05T

long term up The long-term trend has been UP since Dec 13th, 2023 at 164.15

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 165.41

short term down The short-term trend has been DOWN since Apr 23rd, 2024 at 163.81

Smart Scan Analysis for SPBAG05T

Based on our trend formula, SPBAG05T is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SPBAG05T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
164.67 165.01 162.92 163.27 -1.33
Prev. Close Volume Bid Ask Time
164.60 0 2024-04-23 23:41:05
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