Index Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
S&P/ASX Australian Government Bond 5-10 Year Index (CME:SPBDAG5T)
Long-Term Downtrend (-90) - SPBDAG5T is in a strong downtrend that is likely to continue. While SPBDAG5T is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
|
MarketClub’s Trade Triangles for SPBDAG5T
The long-term trend has been DOWN since Apr 25th, 2024 at 154.57
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 157.10
The short-term trend has been DOWN since Apr 23rd, 2024 at 156.36
Smart Scan Analysis for SPBDAG5T
Based on our trend formula, SPBDAG5T is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
154.28 | 154.46 | 154.08 | 154.46 | +0.03 |
Prev. Close | Volume | Bid | Ask | Time |
154.43 | 0 | 2024-04-26 03:48:05 |