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Index Trend Analysis Report
Prepared for you on Sunday, October 6, 2024.
S&P/ASX Corporate Bond 0+ A Rating Band Index (CME:SPBDC1AT)
Weak Downtrend (-65) - SPBDC1AT is showing signs of a strengthening downtrend. Monitor SPBDC1AT as it may be building momentum to the downside.
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 30th, 2023 at 162.89
The intermediate-term trend has been DOWN since Oct 6th, 2024 at 174.44
The short-term trend has been DOWN since Oct 3rd, 2024 at 174.81
Smart Scan Analysis for SPBDC1AT
Based on our trend formula, SPBDC1AT is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 174.75 | 174.75 | 173.31 | 173.52 | -1.17 |
| Prev. Close | Volume | Bid | Ask | Time |
| 174.69 | 0 | 2024-10-06 21:07:40 |