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Index Trend Analysis Report

Prepared for you on Friday, May 24, 2024.

OMRX Bond All ex Muni 3-5 y Index (NASDAQ:OMRXBONDXMUNI35)

Bull Market Weakness (+75) - OMRXBONDXMUNI35 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on OMRXBONDXMUNI35 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid OMRXBONDXMUNI35?

MarketClub looks at technical strength and momentum to determine if the timing is right for OMRXBONDXMUNI35.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_OMRXBONDXMUNI35
Open High Low OMRXBONDXMUNI35 Price Change
1000.94 1001.53 1000.54 1000.72 -0.13
Entry Signal

MarketClub’s Trade Triangles for OMRXBONDXMUNI35

long term up The long-term trend has been UP since Oct 10th, 2023 at 955.86

intermediate term up The intermediate-term trend has been UP since May 3rd, 2024 at 997.74

short term down The short-term trend has been DOWN since May 23rd, 2024 at 1002.87

Smart Scan Analysis for OMRXBONDXMUNI35

Based on our trend formula, OMRXBONDXMUNI35 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for OMRXBONDXMUNI35
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1000.94 1001.53 1000.54 1000.72 -0.13
Prev. Close Volume Bid Ask Time
1000.85 0 2024-05-24 09:46:00
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