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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

OMRX Total Bond Index (NASDAQ:OMRXBOND)

Crossroads (-60) - OMRXBOND 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 OMRXBOND?

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

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

NASDAQ_OMRXBOND
Open High Low OMRXBOND Price Change
6284.68 6297.62 6284.11 6296.35 +12.24
Entry Signal

MarketClub’s Trade Triangles for OMRXBOND

long term up The long-term trend has been UP since Nov 1st, 2023 at 6095.69

intermediate term down The intermediate-term trend has been DOWN since Apr 3rd, 2024 at 6302.76

short term down The short-term trend has been DOWN since Apr 25th, 2024 at 6289.92

Smart Scan Analysis for OMRXBOND

Based on our trend formula, OMRXBOND is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for OMRXBOND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6284.68 6297.62 6284.11 6296.35 +12.24
Prev. Close Volume Bid Ask Time
6284.11 0 2024-04-26 10:20:00
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