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Index Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
S&P/ASX Australian Government Bond 20+ Year Index (CME:SPBAS21T)
Long-Term Downtrend (-90) - SPBAS21T is in a strong downtrend that is likely to continue. While SPBAS21T 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 SPBAS21T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBAS21T.
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 SPBAS21T
The long-term trend has been DOWN since Apr 25th, 2024 at 115.22
The intermediate-term trend has been DOWN since Mar 17th, 2024 at 118.41
The short-term trend has been DOWN since Apr 23rd, 2024 at 116.94
Smart Scan Analysis for SPBAS21T
Based on our trend formula, SPBAS21T is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 113.63 | 113.91 | 113.23 | 113.91 | +0.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 113.89 | 0 | 2024-04-26 03:48:05 |