Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

S&P/ASX Australian Government Bond 5-10 Year Index (CME:SPBDAG5T)

Crossroads (-60) - SPBDAG5T is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SPBDAG5T?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDAG5T.

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

CME_SPBDAG5T
Open High Low SPBDAG5T Price Change
159.42 159.58 159.42 159.53 +0.11
Entry Signal

MarketClub’s Trade Triangles for SPBDAG5T

long term up The long-term trend has been UP since Jun 16th, 2024 at 159.79

intermediate term down The intermediate-term trend has been DOWN since Oct 13th, 2024 at 160.80

short term down The short-term trend has been DOWN since Oct 22nd, 2024 at 159.68

Smart Scan Analysis for SPBDAG5T

Based on our trend formula, SPBDAG5T is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SPBDAG5T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
159.42 159.58 159.42 159.53 +0.11
Prev. Close Volume Bid Ask Time
159.53 0 2024-10-25 02:44:38
Get a free daily analysis and signals for S&P/ASX Australian Government Bond 5-10 Year Index (SPBDAG5T) - Request Your Free Report.