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Index Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

OMRX Mortgage Bond 3-5 y Index (NASDAQ:OMRXMORT35)

Long-Term Uptrend (+90) - OMRXMORT35 is in a strong uptrend that is likely to continue. While OMRXMORT35 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid OMRXMORT35?

MarketClub looks at technical strength and momentum to determine if the timing is right for OMRXMORT35.

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

NASDAQ_OMRXMORT35
Open High Low OMRXMORT35 Price Change
792.97 793.10 792.19 792.19 -0.72
Entry Signal

MarketClub’s Trade Triangles for OMRXMORT35

long term up The long-term trend has been UP since Oct 9th, 2023 at 756.71

intermediate term up The intermediate-term trend has been UP since Mar 4th, 2024 at 787.72

short term up The short-term trend has been UP since Mar 21st, 2024 at 790.25

Smart Scan Analysis for OMRXMORT35

Based on our trend formula, OMRXMORT35 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for OMRXMORT35
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
792.97 793.10 792.19 792.19 -0.72
Prev. Close Volume Bid Ask Time
792.91 0 2024-03-28 09:56:00
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