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Index Trend Analysis Report
Prepared for you on Sunday, November 24, 2024.
S&P/ASX Corporate Bond AA Rating Band Index (CME:SPBDAC2T)
Long-Term Uptrend (+90) - SPBDAC2T is in a strong uptrend that is likely to continue. While SPBDAC2T is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SPBDAC2T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDAC2T.
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 SPBDAC2T
The long-term trend has been UP since Sep 1st, 2023 at 159.19
The intermediate-term trend has been UP since Nov 24th, 2024 at 169.30
The short-term trend has been UP since Nov 24th, 2024 at 169.14
Smart Scan Analysis for SPBDAC2T
Based on our trend formula, SPBDAC2T is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 169.19 | 169.40 | 169.16 | 169.27 | +0.14 |
| Prev. Close | Volume | Bid | Ask | Time |
| 169.13 | 0 | 2024-11-24 19:05:50 |
| 52wk High | 149.149 | 52wk High Date | 2018-10-30 |
| 52wk Low | 144.429 | 52wk Low Date | 2018-01-22 |