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Index Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
S&P/ASX Corporate Bond Index (CME:SPBDACPT)
Long-Term Uptrend (+90) - SPBDACPT is in a strong uptrend that is likely to continue. While SPBDACPT 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 SPBDACPT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDACPT.
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 SPBDACPT
The long-term trend has been UP since Aug 31st, 2023 at 167.48
The intermediate-term trend has been UP since May 7th, 2024 at 173.58
The short-term trend has been UP since Apr 30th, 2024 at 172.47
Smart Scan Analysis for SPBDACPT
Based on our trend formula, SPBDACPT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 173.35 | 173.35 | 173.27 | 173.29 | -0.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 173.35 | 0 | 2024-05-10 02:41:50 |
| 52wk High | 154.544 | 52wk High Date | 2018-10-30 |
| 52wk Low | 149.408 | 52wk Low Date | 2017-12-27 |