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Index Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

OMRX Mortgage Bond Index (NASDAQ:OMRXMORT)

Bear Market Rally (-75) - OMRXMORT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on OMRXMORT as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid OMRXMORT?

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

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

NASDAQ_OMRXMORT
Open High Low OMRXMORT Price Change
6180.12 6180.67 6179.81 6179.81 -0.07
Entry Signal

MarketClub’s Trade Triangles for OMRXMORT

long term down The long-term trend has been DOWN since Mar 16th, 2020 at 6136.39

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2020 at 6164.23

short term down The short-term trend has been DOWN since May 27th, 2020 at 6184.55

Smart Scan Analysis for OMRXMORT

Based on our trend formula, OMRXMORT is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for OMRXMORT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6180.12 6180.67 6179.81 6179.81 -0.07
Prev. Close Volume Bid Ask Time
6154.38 0 2020-06-02 10:19:00
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