Index Trend Analysis Report
Prepared for you on Saturday, May 18, 2024.
OMRX Treasury Bond Index (NASDAQ:OMRXTBOND)
Long-Term Uptrend (+90) - OMRXTBOND is in a strong uptrend that is likely to continue. While OMRXTBOND 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 OMRXTBOND?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMRXTBOND.
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 OMRXTBOND
The long-term trend has been UP since Nov 17th, 2023 at 6496.74
The intermediate-term trend has been UP since May 3rd, 2024 at 6674.28
The short-term trend has been UP since May 15th, 2024 at 6722.19
Smart Scan Analysis for OMRXTBOND
Based on our trend formula, OMRXTBOND is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
6748.62 | 6749.48 | 6721.09 | 6721.47 | -26.73 |
Prev. Close | Volume | Bid | Ask | Time |
6721.47 | 0 | 2024-05-17 10:18:00 |