Index Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
S&P/ASX Government Bond 0-5 Year Index (CME:SPBDG05T)
Weak Downtrend (-65) - SPBDG05T is showing signs of a strengthening downtrend. Monitor SPBDG05T as it may be building momentum to the downside.
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 DOWN since Apr 16th, 2024 at 139.85
The short-term trend has been DOWN since Apr 22nd, 2024 at 139.85
Smart Scan Analysis for SPBDG05T
Based on our trend formula, SPBDG05T is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
139.55 | 139.55 | 139.48 | 139.48 | -0.10 |
Prev. Close | Volume | Bid | Ask | Time |
139.58 | 0 | 2024-04-24 02:59:40 |