Index Trend Analysis Report
Prepared for you on Thursday, September 19, 2019.
S&P/ASX State-Government Bond Index (CME:SPBDAGST)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SPBDAGST
The long term trend has been UP since Dec 19th, 2018 at 150.845
The intermediate term trend has been DOWN since Sep 5th, 2019 at 164.753
The short term trend has been UP since Sep 17th, 2019 at 163.710
Smart Scan Analysis for SPBDAGST
Based on a pre-defined weighted trend formula for chart analysis, SPBDAGST scored +75 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|