Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

S&P/ASX Government Bond 1-5 Year Index (CME:SPBDG1T)

Weak Downtrend (-65) - SPBDG1T is showing signs of a strengthening downtrend. Monitor SPBDG1T as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SPBDG1T?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDG1T.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPBDG1T
Open High Low SPBDG1T Price Change
140.33 140.34 140.26 140.26 -0.11
Entry Signal

MarketClub’s Trade Triangles for SPBDG1T

long term up The long-term trend has been UP since Nov 21st, 2023 at 137.90

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 140.73

short term down The short-term trend has been DOWN since Apr 22nd, 2024 at 140.70

Smart Scan Analysis for SPBDG1T

Based on our trend formula, SPBDG1T is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SPBDG1T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
140.33 140.34 140.26 140.26 -0.11
Prev. Close Volume Bid Ask Time
140.37 0 2024-04-24 02:59:40
Get a free daily analysis and signals for S&P/ASX Government Bond 1-5 Year Index (SPBDG1T) - Request Your Free Report.