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Index Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
OMRX Mortgage Bond 5- y Index (NASDAQ:OMRXMORT5)
Sidelines Mode (+55) - OMRXMORT5 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid OMRXMORT5?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMRXMORT5.
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 OMRXMORT5
The long-term trend has been UP since Oct 10th, 2023 at 930.15
The intermediate-term trend has been DOWN since Apr 3rd, 2024 at 982.06
The short-term trend has been UP since Apr 24th, 2024 at 978.18
Smart Scan Analysis for OMRXMORT5
Based on our trend formula, OMRXMORT5 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 976.32 | 977.49 | 975.88 | 977.43 | +1.38 |
| Prev. Close | Volume | Bid | Ask | Time |
| 976.05 | 0 | 2024-04-25 05:16:00 |