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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

S&P/ASX Corporate Bond BBB Rating Band Index (CME:SPBDAC4T)

Countertrend Up (+85) - SPBDAC4T is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SPBDAC4T?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDAC4T.

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

CME_SPBDAC4T
Open High Low SPBDAC4T Price Change
196.06 196.06 195.86 195.86 -0.20
Entry Signal

MarketClub’s Trade Triangles for SPBDAC4T

long term up The long-term trend has been UP since Aug 31st, 2023 at 179.22

intermediate term up The intermediate-term trend has been UP since Nov 10th, 2024 at 194.68

short term up The short-term trend has been UP since Dec 23rd, 2024 at 196.34

Smart Scan Analysis for SPBDAC4T

Based on our trend formula, SPBDAC4T is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for SPBDAC4T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
196.06 196.06 195.86 195.86 -0.20
Prev. Close Volume Bid Ask Time
196.34 0 2024-12-24 00:59:55
52wk High165.04552wk High Date2018-10-30
52wk Low159.04552wk Low Date2017-12-27
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