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.
MarketClub’s Trade Triangles for SPBDAGVT
The long-term trend has been UP since Aug 4th, 2020 at 168.45
The intermediate-term trend has been UP since Jun 15th, 2020 at 167.97
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).
|52wk High||147.101||52wk High Date||2018-10-30|
|52wk Low||141.304||52wk Low Date||2018-01-19|