Index Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
OMRX Bond All ex Muni 3-5 y Index (NASDAQ:OMRXBONDXMUNI35)
Strong Uptrend (+100) - OMRXBONDXMUNI35 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, OMRXBONDXMUNI35 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for OMRXBONDXMUNI35
The long-term trend has been UP since Nov 8th, 2022 at 966.34
The intermediate-term trend has been UP since Mar 13th, 2023 at 951.60
The short-term trend has been UP since Mar 3rd, 2023 at 941.82
Smart Scan Analysis for OMRXBONDXMUNI35
Based on our trend formula, OMRXBONDXMUNI35 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).