Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, May 18, 2021.

S&P/ASX Australian Government Bond 1-5 Year Index (CME:SPBDAGIT)

Weak Downtrend (-65) - SPBDAGIT is showing signs of a strengthening downtrend. Monitor SPBDAGIT as it may be building momentum to the downside.

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

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

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

CME_SPBDAGIT
Open High Low SPBDAGIT Price Change
140.05 140.06 139.94 139.95 -0.07
Entry Signal

MarketClub’s Trade Triangles for SPBDAGIT

long term down The long-term trend has been DOWN since Feb 16th, 2021 at 140.20

intermediate term up The intermediate-term trend has been UP since May 10th, 2021 at 140.12

short term down The short-term trend has been DOWN since May 12th, 2021 at 140.01

Smart Scan Analysis for SPBDAGIT

Based on our trend formula, SPBDAGIT is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SPBDAGIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
140.05 140.06 139.94 139.95 -0.07
Prev. Close Volume Bid Ask Time
139.95 0 2021-05-17 20:28:50
Get a free daily analysis and signals for S&P/ASX Australian Government Bond 1-5 Year Index (SPBDAGIT) - Request Your Free Report.