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Index Trend Analysis Report
Prepared for you on Wednesday, November 13, 2024.
S&P/ASX Corporate Bond 1-5 Year Index (CME:SPBDC1T)
Weak Uptrend (+65) - SPBDC1T is showing signs of weakening momentum to the upside. Monitor SPBDC1T as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPBDC1T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDC1T.
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 SPBDC1T
The long-term trend has been UP since Aug 30th, 2023 at 163.61
The intermediate-term trend has been UP since Nov 10th, 2024 at 174.92
The short-term trend has been DOWN since Nov 12th, 2024 at 174.18
Smart Scan Analysis for SPBDC1T
Based on our trend formula, SPBDC1T is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 173.87 | 173.88 | 173.84 | 173.84 | -0.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 173.87 | 0 | 2024-11-13 00:59:30 |