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Index Trend Analysis Report
Prepared for you on Thursday, January 20, 2022.
S&P/ASX Australian Government Bond 0-15 Year Index (CME:SPBAS15T)
Long-Term Downtrend (-90) - SPBAS15T is in a strong downtrend that is likely to continue. While SPBAS15T is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPBAS15T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBAS15T.
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 SPBAS15T
The long-term trend has been DOWN since Oct 6th, 2021 at 157.22
The intermediate-term trend has been DOWN since Jan 3rd, 2022 at 155.35
The short-term trend has been DOWN since Jan 17th, 2022 at 154.04
Smart Scan Analysis for SPBAS15T
Based on our trend formula, SPBAS15T is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 153.19 | 153.19 | 153.19 | 153.19 | +0.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 153.16 | 0 | 2022-01-20 01:44:12 |