Index Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
OMRX Bond All 1-3 y Index (NASDAQ:OMRXBOND13)
Crossroads (+60) - OMRXBOND13 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid OMRXBOND13?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMRXBOND13.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMRXBOND13
The long-term trend has been DOWN since Oct 18th, 2021 at 528.24
The intermediate-term trend has been UP since Nov 30th, 2021 at 527.68
The short-term trend has been UP since Nov 26th, 2021 at 527.39
Smart Scan Analysis for OMRXBOND13
Based on our trend formula, OMRXBOND13 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).