Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
S&P/ASX Corporate Bond 5-10 Year Index (CME:SPBDC5T)
Crossroads (-60) - SPBDC5T 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 SPBDC5T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDC5T.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SPBDC5T
The long-term trend has been UP since Dec 5th, 2023 at 196.78
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 205.34
The short-term trend has been DOWN since Apr 23rd, 2024 at 204.53
Smart Scan Analysis for SPBDC5T
Based on our trend formula, SPBDC5T is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 204.25 | 204.29 | 203.97 | 204.08 | -0.37 |
| Prev. Close | Volume | Bid | Ask | Time |
| 204.45 | 0 | 2024-04-24 02:59:45 |