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Index Trend Analysis Report
Prepared for you on Saturday, May 18, 2024.
OMRX Treasury Bond 5- y Index (NASDAQ:OMRXTBOND5)
Long-Term Uptrend (+90) - OMRXTBOND5 is in a strong uptrend that is likely to continue. While OMRXTBOND5 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 OMRXTBOND5?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMRXTBOND5.
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 OMRXTBOND5
The long-term trend has been UP since Nov 29th, 2023 at 844.09
The intermediate-term trend has been UP since May 3rd, 2024 at 868.25
The short-term trend has been UP since May 15th, 2024 at 875.56
Smart Scan Analysis for OMRXTBOND5
Based on our trend formula, OMRXTBOND5 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 879.81 | 879.97 | 875.11 | 875.14 | -4.61 |
| Prev. Close | Volume | Bid | Ask | Time |
| 875.14 | 0 | 2024-05-17 10:18:00 |