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Index Trend Analysis Report
Prepared for you on Sunday, May 19, 2024.
OMRX Treasury Bond 3-5 y Index (NASDAQ:OMRXTBOND35)
Long-Term Uptrend (+90) - OMRXTBOND35 is in a strong uptrend that is likely to continue. While OMRXTBOND35 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 OMRXTBOND35?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMRXTBOND35.
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 OMRXTBOND35
The long-term trend has been UP since Nov 2nd, 2023 at 564.21
The intermediate-term trend has been UP since May 6th, 2024 at 580.67
The short-term trend has been UP since May 15th, 2024 at 582.15
Smart Scan Analysis for OMRXTBOND35
Based on our trend formula, OMRXTBOND35 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 583.57 | 583.57 | 582.36 | 582.45 | -1.08 |
| Prev. Close | Volume | Bid | Ask | Time |
| 582.45 | 0 | 2024-05-17 10:18:00 |