Index Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
OMRX Bond All 3-5 y Index (NASDAQ:OMRXBOND35)
Bull Market Weakness (+75) - OMRXBOND35 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on OMRXBOND35 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid OMRXBOND35?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMRXBOND35.
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 OMRXBOND35
The long-term trend has been UP since Oct 10th, 2023 at 691.35
The intermediate-term trend has been UP since Mar 5th, 2024 at 718.64
The short-term trend has been DOWN since Mar 14th, 2024 at 722.73
Smart Scan Analysis for OMRXBOND35
Based on our trend formula, OMRXBOND35 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
719.92 | 720.03 | 719.72 | 719.73 | -0.13 |
Prev. Close | Volume | Bid | Ask | Time |
719.86 | 0 | 2024-03-19 07:53:00 |