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Index Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

S&P/ASX Corporate Bond A Rating Band Index (CME:SPBDAC3T)

Weak Uptrend (+65) - SPBDAC3T is showing signs of weakening momentum to the upside. Monitor SPBDAC3T as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SPBDAC3T?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDAC3T.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPBDAC3T
Open High Low SPBDAC3T Price Change
181.42 181.62 181.37 181.62 +0.20
Entry Signal

MarketClub’s Trade Triangles for SPBDAC3T

long term up The long-term trend has been UP since Aug 31st, 2023 at 168.69

intermediate term up The intermediate-term trend has been UP since Nov 10th, 2024 at 180.65

short term down The short-term trend has been DOWN since Dec 19th, 2024 at 181.70

Smart Scan Analysis for SPBDAC3T

Based on our trend formula, SPBDAC3T is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for SPBDAC3T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
181.42 181.62 181.37 181.62 +0.20
Prev. Close Volume Bid Ask Time
181.62 0 2024-12-20 01:56:21
52wk High155.21352wk High Date2018-10-30
52wk Low150.16752wk Low Date2018-01-22
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