Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Saturday, May 27, 2023.
S&P/ASX Australian Government Bond 0-3 Year Index (CME:SPBDAG3T)
Sidelines Mode (+55) - SPBDAG3T 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 SPBDAG3T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDAG3T.
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 SPBDAG3T
The long-term trend has been UP since Nov 10th, 2022 at 128.92
The intermediate-term trend has been DOWN since May 2nd, 2023 at 130.39
The short-term trend has been UP since May 24th, 2023 at 130.23
Smart Scan Analysis for SPBDAG3T
Based on our trend formula, SPBDAG3T is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 129.94 | 129.99 | 129.94 | 129.97 | +0.08 |
| Prev. Close | Volume | Bid | Ask | Time |
| 129.98 | 0 | 2023-05-26 02:59:25 |