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Index Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
S&P/ASX Corporate Bond 0-5 Year Index (CME:SPBDC05T)
Crossroads (-60) - SPBDC05T 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 SPBDC05T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDC05T.
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 SPBDC05T
The long-term trend has been UP since Aug 23rd, 2023 at 158.28
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 163.64
The short-term trend has been DOWN since Apr 23rd, 2024 at 163.75
Smart Scan Analysis for SPBDC05T
Based on our trend formula, SPBDC05T is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 163.42 | 163.42 | 163.33 | 163.34 | -0.14 |
| Prev. Close | Volume | Bid | Ask | Time |
| 163.48 | 0 | 2024-04-24 02:59:45 |