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Index Trend Analysis Report

Prepared for you on Sunday, April 21, 2024.

OMRX Government Debt Index (NASDAQ:OMRXGOVT)

Sidelines Mode (-55) - OMRXGOVT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

Open High Low OMRXGOVT Price Change
5583.85 5597.69 5582.00 5582.98 -0.43
Entry Signal

MarketClub’s Trade Triangles for OMRXGOVT

long term up The long-term trend has been UP since Nov 14th, 2023 at 5440.66

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 5582.22

short term up The short-term trend has been UP since Apr 19th, 2024 at 5589.28

Smart Scan Analysis for OMRXGOVT

Based on our trend formula, OMRXGOVT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for OMRXGOVT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5583.85 5597.69 5582.00 5582.98 -0.43
Prev. Close Volume Bid Ask Time
5582.98 0 2024-04-19 10:19:00
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