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Index Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
S&P/ASX Supranational & Sovereign Bond 0+ Index (CME:SPBDASST)
Sidelines Mode (+55) - SPBDASST is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPBDASST?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDASST.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPBDASST
The long-term trend has been UP since Sep 1st, 2023 at 154.91
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 158.65
The short-term trend has been UP since Apr 18th, 2024 at 159.00
Smart Scan Analysis for SPBDASST
Based on our trend formula, SPBDASST is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 159.04 | 159.07 | 158.97 | 158.99 | +0.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 158.96 | 0 | 2024-04-19 02:59:55 |