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Index Trend Analysis Report
Prepared for you on Saturday, September 24, 2022.
S&P/ASX Corporate Bond 0+ A Rating Band Index (CME:SPBDC1AT)
Crossroads (-60) - SPBDC1AT 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 SPBDC1AT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDC1AT.
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 SPBDC1AT
The long-term trend has been UP since Aug 1st, 2022 at 158.63
The intermediate-term trend has been DOWN since Sep 22nd, 2022 at 155.87
The short-term trend has been DOWN since Sep 22nd, 2022 at 156.54
Smart Scan Analysis for SPBDC1AT
Based on our trend formula, SPBDC1AT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 155.59 | 155.70 | 155.50 | 155.70 | +0.04 |
| Prev. Close | Volume | Bid | Ask | Time |
| 155.70 | 0 | 2022-09-23 03:47:28 |