Index Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
OMRX Bond All 5- y Index (NASDAQ:OMRXBOND5)
Long-Term Uptrend (+90) - OMRXBOND5 is in a strong uptrend that is likely to continue. While OMRXBOND5 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 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 UP since Mar 5th, 2024 at 889.82
The short-term trend has been UP since Mar 21st, 2024 at 889.83
Smart Scan Analysis for OMRXBOND5
Based on our trend formula, OMRXBOND5 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
894.47 | 895.10 | 892.96 | 893.02 | -1.38 |
Prev. Close | Volume | Bid | Ask | Time |
893.02 | 0 | 2024-03-28 11:20:00 |