Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
S&P/ASX Government Bond 0-5 Year Index (CME:SPBDG05T)
Countertrend Up (+85) - SPBDG05T is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SPBDG05T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDG05T.
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 SPBDG05T
The long-term trend has been UP since Nov 16th, 2023 at 136.94
The intermediate-term trend has been UP since Nov 18th, 2024 at 143.17
The short-term trend has been DOWN since Dec 18th, 2024 at 143.94
Smart Scan Analysis for SPBDG05T
Based on our trend formula, SPBDG05T is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
144.01 | 144.01 | 144.01 | 144.01 | 0.00 |
Prev. Close | Volume | Bid | Ask | Time |
144.06 | 0 | 2024-12-24 00:59:55 |