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Index Trend Analysis Report

Prepared for you on Thursday, August 6, 2020.

S&P/ASX Government Bond Index (CME:SPBDAGVT)

Long-Term Uptrend (+90) - SPBDAGVT is in a strong uptrend that is likely to continue. While SPBDAGVT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

Open High Low SPBDAGVT Price Change
168.76 168.77 168.23 168.27 -0.51
Entry Signal

MarketClub’s Trade Triangles for SPBDAGVT

long term up The long-term trend has been UP since Aug 4th, 2020 at 168.45

intermediate term up The intermediate-term trend has been UP since Jun 15th, 2020 at 167.97

short term up The short-term trend has been UP since Jul 30th, 2020 at 168.21

Smart Scan Analysis for SPBDAGVT

Based on our trend formula, SPBDAGVT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for SPBDAGVT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
168.76 168.77 168.23 168.27 -0.51
Prev. Close Volume Bid Ask Time
167.90 0 2020-08-05 20:29:25
52wk High147.10152wk High Date2018-10-30
52wk Low141.30452wk Low Date2018-01-19
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