Index Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
OMRX Bond All ex Muni Index (NASDAQ:OMRXBONDALLXMUN)
Bull Market Weakness (+75) - OMRXBONDALLXMUN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on OMRXBONDALLXMUN as it may be in the beginning stages of a reversal.
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 Oct 11th, 2021 at 1025.66
The intermediate-term trend has been UP since Nov 8th, 2021 at 1026.86
The short-term trend has been UP since Nov 26th, 2021 at 1026.47
Smart Scan Analysis for OMRXBONDALLXMUN
Based on our trend formula, OMRXBONDALLXMUN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).