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Index Trend Analysis Report
Prepared for you on Thursday, August 18, 2022.
S&P/ASX Government Bond 1-5 Year Index (CME:SPBDG1T)
Countertrend Up (+85) - SPBDG1T 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 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 Aug 2nd, 2022 at 136.75
The intermediate-term trend has been UP since Jun 30th, 2022 at 134.80
The short-term trend has been UP since Aug 15th, 2022 at 135.71
Smart Scan Analysis for SPBDG1T
Based on our trend formula, SPBDG1T is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 135.45 | 135.46 | 135.36 | 135.45 | +0.08 |
| Prev. Close | Volume | Bid | Ask | Time |
| 135.37 | 0 | 2022-08-18 04:06:33 |