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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

S&P/ASX Australian Fixed Interest BBB Rating Band Index (CME:SPBDAR4T)

Crossroads (-60) - SPBDAR4T is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SPBDAR4T?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDAR4T.

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

CME_SPBDAR4T
Open High Low SPBDAR4T Price Change
186.21 186.24 186.04 186.08 -0.26
Entry Signal

MarketClub’s Trade Triangles for SPBDAR4T

long term up The long-term trend has been UP since Aug 31st, 2023 at 179.44

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 186.73

short term down The short-term trend has been DOWN since Apr 23rd, 2024 at 186.47

Smart Scan Analysis for SPBDAR4T

Based on our trend formula, SPBDAR4T is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SPBDAR4T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
186.21 186.24 186.04 186.08 -0.26
Prev. Close Volume Bid Ask Time
186.34 0 2024-04-24 02:59:45
52wk High165.26252wk High Date2018-10-30
52wk Low159.26452wk Low Date2017-12-27
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