Index Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
S&P/ASX State-Government Bond Index (CME:SPBDAGST)
Weak Downtrend (-65) - SPBDAGST is showing signs of a strengthening downtrend. Monitor SPBDAGST as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPBDAGST?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDAGST.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPBDAGST
The long-term trend has been DOWN since Mar 18th, 2020 at 162.69
The intermediate-term trend has been DOWN since Mar 12th, 2020 at 166.18
The short-term trend has been DOWN since Apr 2nd, 2020 at 166.97
Smart Scan Analysis for SPBDAGST
Based on our trend formula, SPBDAGST is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||149.85||52wk High Date||2018-10-30|
|52wk Low||144.592||52wk Low Date||2018-01-19|