Index Trend Analysis Report
Prepared for you on Friday, October 18, 2024.
S&P/ASX Australian Government Bond 7-10 Year Index (CME:SPBAG07T)
Crossroads (-60) - SPBAG07T is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPBAG07T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBAG07T.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
MarketClub’s Trade Triangles for SPBAG07T
The long-term trend has been UP since Jul 30th, 2024 at 160.61
The intermediate-term trend has been DOWN since Oct 13th, 2024 at 161.33
The short-term trend has been DOWN since Oct 17th, 2024 at 160.96
Smart Scan Analysis for SPBAG07T
Based on our trend formula, SPBAG07T is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
161.44 | 161.55 | 160.55 | 160.70 | -0.85 |
Prev. Close | Volume | Bid | Ask | Time |
161.55 | 0 | 2024-10-17 23:51:15 |