Index Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
OMRX Bond All 5- y Index (NASDAQ:OMRXBOND5)
Crossroads (-60) - OMRXBOND5 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 OMRXBOND5?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMRXBOND5.
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 OMRXBOND5
The long-term trend has been UP since Nov 15th, 2023 at 858.65
The intermediate-term trend has been DOWN since Sep 23rd, 2024 at 929.32
The short-term trend has been DOWN since Oct 21st, 2024 at 933.34
Smart Scan Analysis for OMRXBOND5
Based on our trend formula, OMRXBOND5 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
930.48 | 930.48 | 926.61 | 929.25 | -1.18 |
Prev. Close | Volume | Bid | Ask | Time |
930.43 | 0 | 2024-10-22 10:18:00 |