Index Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
OMRX Money Market Index (NASDAQ:OMRXMM)
Strong Uptrend (+100) - OMRXMM is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, OMRXMM 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 OMRXMM?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMRXMM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMRXMM
The long-term trend has been UP since Aug 2nd, 2022 at 3125.45
The intermediate-term trend has been UP since Mar 6th, 2023 at 3139.07
The short-term trend has been UP since Mar 24th, 2023 at 3143.30
Smart Scan Analysis for OMRXMM
Based on our trend formula, OMRXMM is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).