Index Trend Analysis Report
Prepared for you on Saturday, May 15, 2021.
S&P/ASX Australian Fixed Interest 5-10 Year Index (CME:SPBDAS5T)
Weak Downtrend (-65) - SPBDAS5T is showing signs of a strengthening downtrend. Monitor SPBDAS5T as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPBDAS5T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDAS5T.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPBDAS5T
The long-term trend has been DOWN since Jan 7th, 2021 at 184.95
The intermediate-term trend has been UP since Mar 23rd, 2021 at 180.12
The short-term trend has been DOWN since May 11th, 2021 at 180.83
Smart Scan Analysis for SPBDAS5T
Based on our trend formula, SPBDAS5T is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||157.872||52wk High Date||2018-10-30|
|52wk Low||150.649||52wk Low Date||2018-04-24|