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.
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MarketClub’s Trade Triangles for SPBDG1T
The long-term trend has been UP since Nov 21st, 2023 at 137.90
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 140.73
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).
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 |