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Index Trend Analysis Report
Prepared for you on Saturday, August 20, 2022.
S&P/ASX Corporate Bond Index (CME:SPBDACPT)
Sidelines Mode (+55) - SPBDACPT 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 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 2nd, 2022 at 162.81
The intermediate-term trend has been UP since Jul 4th, 2022 at 159.21
The short-term trend has been DOWN since Aug 19th, 2022 at 160.93
Smart Scan Analysis for SPBDACPT
Based on our trend formula, SPBDACPT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 160.87 | 160.89 | 160.72 | 160.89 | -0.30 |
| Prev. Close | Volume | Bid | Ask | Time |
| 160.89 | 0 | 2022-08-19 03:39:57 |
| 52wk High | 154.544 | 52wk High Date | 2018-10-30 |
| 52wk Low | 149.408 | 52wk Low Date | 2017-12-27 |