Index Trend Analysis Report
Prepared for you on Monday, March 27, 2023.
OMRX Bond All ex Muni Index (NASDAQ:OMRXBONDALLXMUN)
Crossroads (+60) - OMRXBONDALLXMUN 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 OMRXBONDALLXMUN?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMRXBONDALLXMUN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMRXBONDALLXMUN
The long-term trend has been DOWN since Feb 21st, 2023 at 941.15
The intermediate-term trend has been UP since Mar 13th, 2023 at 947.60
The short-term trend has been UP since Mar 3rd, 2023 at 937.89
Smart Scan Analysis for OMRXBONDALLXMUN
Based on our trend formula, OMRXBONDALLXMUN is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).