Index Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

S&P/ASX Corporate Issuer Equal-Weight Index (CME:SPBDACET)

Sidelines Mode (+55) - SPBDACET is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

Open	High	Low	SPBDACET Price	Change
174.52	174.56	174.44	174.47	+0.05
Entry Signal

MarketClub’s Trade Triangles for SPBDACET

The long-term trend has been UP since Sep 1st, 2023 at 168.27

The intermediate-term trend has been DOWN since Apr 11th, 2024 at 174.16

The short-term trend has been UP since Apr 18th, 2024 at 174.57

Smart Scan Analysis for SPBDACET

Based on our trend formula, SPBDACET is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
174.52	174.56	174.44	174.47	+0.05
Prev. Close	Volume	Bid	Ask	Time
174.62	0			2024-04-19 02:59:45

Get a free daily analysis and signals for S&P/ASX Corporate Issuer Equal-Weight Index (SPBDACET) - Request Your Free Report.