Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
S&P/ASX Government Bond 5-10 Year Index (CME:SPBDG5T)
Crossroads (-60) - SPBDG5T is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPBDG5T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDG5T.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SPBDG5T
The long-term trend has been UP since Dec 6th, 2023 at 159.09
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 161.49
The short-term trend has been DOWN since Apr 22nd, 2024 at 160.62
Smart Scan Analysis for SPBDG5T
Based on our trend formula, SPBDG5T is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 161.16 | 161.32 | 161.10 | 161.29 | +0.20 |
| Prev. Close | Volume | Bid | Ask | Time |
| 161.09 | 0 | 2024-04-23 02:59:40 |