Index Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
OMRX Bond All Index (NASDAQ:OMRXBONDALL)
Bull Market Weakness (+75) - OMRXBONDALL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on OMRXBONDALL as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid OMRXBONDALL?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMRXBONDALL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMRXBONDALL
The long-term trend has been DOWN since Feb 21st, 2023 at 645.00
The intermediate-term trend has been UP since Mar 13th, 2023 at 649.48
The short-term trend has been UP since Mar 3rd, 2023 at 643.07
Smart Scan Analysis for OMRXBONDALL
Based on our trend formula, OMRXBONDALL is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).