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.
MarketClub’s Trade Triangles for OMRXGOVT
The long-term trend has been UP since Sep 21st, 2020 at 6090.54
The intermediate-term trend has been UP since Oct 13th, 2020 at 6096.64
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).