Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Wednesday, June 12, 2024.

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

Sidelines Mode (+55) - SPBAG05T is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
165.35 165.99 165.35 165.99 +0.58
Entry Signal

MarketClub’s Trade Triangles for SPBAG05T

long term down The long-term trend has been DOWN since Apr 25th, 2024 at 161.92

intermediate term up The intermediate-term trend has been UP since Jun 5th, 2024 at 166.82

short term down The short-term trend has been DOWN since Jun 10th, 2024 at 166.11

Smart Scan Analysis for SPBAG05T

Based on our trend formula, SPBAG05T is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPBAG05T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
165.35 165.99 165.35 165.99 +0.58
Prev. Close Volume Bid Ask Time
165.41 0 2024-06-12 03:41:57
Get a free daily analysis and signals for S&P/ASX Australian Government Bond 10-15 Year Index (SPBAG05T) - Request Your Free Report.