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Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

S&P/ASX Government Bond 15-20 Year Index (CME:SPBAG52T)

Sidelines Mode (+55) - SPBAG52T 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 SPBAG52T?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBAG52T.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPBAG52T
Open High Low SPBAG52T Price Change
134.69 135.10 134.61 135.01 +0.37
Entry Signal

MarketClub’s Trade Triangles for SPBAG52T

long term up The long-term trend has been UP since Dec 13th, 2023 at 135.02

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 135.64

short term up The short-term trend has been UP since Apr 18th, 2024 at 135.50

Smart Scan Analysis for SPBAG52T

Based on our trend formula, SPBAG52T is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPBAG52T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
134.69 135.10 134.61 135.01 +0.37
Prev. Close Volume Bid Ask Time
134.64 0 2024-04-23 02:59:25
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