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Index Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

OMRX Government Debt Index (NASDAQ:OMRXGOVT)

Crossroads (-60) - OMRXGOVT 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 OMRXGOVT?

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

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

NASDAQ_OMRXGOVT
Open High Low OMRXGOVT Price Change
5770.67 5777.66 5769.98 5774.55 +5.28
Entry Signal

MarketClub’s Trade Triangles for OMRXGOVT

long term up The long-term trend has been UP since Dec 2nd, 2024 at 5866.48

intermediate term down The intermediate-term trend has been DOWN since Dec 18th, 2024 at 5796.76

short term down The short-term trend has been DOWN since Dec 4th, 2024 at 5842.99

Smart Scan Analysis for OMRXGOVT

Based on our trend formula, OMRXGOVT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for OMRXGOVT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5770.67 5777.66 5769.98 5774.55 +5.28
Prev. Close Volume Bid Ask Time
5774.13 0 2024-12-20 10:13:00
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