Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Monday, October 19, 2020.

OMRX Government Debt Index (NASDAQ:OMRXGOVT)

Strong Uptrend (+100) - OMRXGOVT is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, OMRXGOVT 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 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
6107.01 6107.01 6101.53 6102.54 -3.76
Entry Signal

MarketClub’s Trade Triangles for OMRXGOVT

long term up The long-term trend has been UP since Sep 21st, 2020 at 6090.54

intermediate term up The intermediate-term trend has been UP since Oct 13th, 2020 at 6096.64

short term up The short-term trend has been UP since Oct 9th, 2020 at 6083.20

Smart Scan Analysis for OMRXGOVT

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

+100
Smart Scan Analysis for OMRXGOVT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6107.01 6107.01 6101.53 6102.54 -3.76
Prev. Close Volume Bid Ask Time
6084.83 0 2020-10-19 10:20:00
Get a free daily analysis and signals for OMRX Government Debt Index (OMRXGOVT) - Request Your Free Report.