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Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
S&P/ASX Australian Government Bond 20+ Year Index (CME:SPBAS21T)
Bear Market Rally (-75) - SPBAS21T is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPBAS21T as it may be in the beginning of a reversal.
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 May 29th, 2024 at 115.06
The short-term trend has been DOWN since Jul 21st, 2024 at 117.11
Smart Scan Analysis for SPBAS21T
Based on our trend formula, SPBAS21T is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 117.10 | 117.15 | 116.72 | 116.92 | -0.07 |
| Prev. Close | Volume | Bid | Ask | Time |
| 116.99 | 0 | 2024-07-26 03:49:56 |