Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
S&P/ASX Australian Fixed Interest 0+ AA Rating Band Index (CME:SPBDA2AT)
Long-Term Downtrend (-90) - SPBDA2AT is in a strong downtrend that is likely to continue. While SPBDA2AT 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 SPBDA2AT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDA2AT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SPBDA2AT
The long-term trend has been DOWN since Oct 4th, 2021 at 163.89
The intermediate-term trend has been DOWN since Jan 3rd, 2022 at 161.43
The short-term trend has been DOWN since Jan 17th, 2022 at 160.29
Smart Scan Analysis for SPBDA2AT
Based on our trend formula, SPBDA2AT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 159.38 | 159.38 | 159.38 | 159.38 | +0.23 |
| Prev. Close | Volume | Bid | Ask | Time |
| 159.38 | 0 | 2022-01-25 02:16:19 |