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Index Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
OMRX Total Bond Index (NASDAQ:OMRXBOND)
Sidelines Mode (-55) - OMRXBOND 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 OMRXBOND?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMRXBOND.
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 OMRXBOND
The long-term trend has been UP since Nov 1st, 2023 at 6095.69
The intermediate-term trend has been DOWN since Apr 3rd, 2024 at 6302.76
The short-term trend has been UP since Apr 23rd, 2024 at 6301.30
Smart Scan Analysis for OMRXBOND
Based on our trend formula, OMRXBOND is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6304.18 | 6305.17 | 6290.49 | 6290.49 | -13.13 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6290.49 | 0 | 2024-04-24 10:20:00 |