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Index Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

OMRX Mortgage Bond Index (NASDAQ:OMRXMORT)

Long-Term Downtrend (-90) - OMRXMORT is in a strong downtrend that is likely to continue. While OMRXMORT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

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NASDAQ_OMRXMORT
Open High Low OMRXMORT Price Change
6146.07 6146.07 6141.35 6143.53 -1.44
Entry Signal

MarketClub’s Trade Triangles for OMRXMORT

long term down The long-term trend has been DOWN since Sep 24th, 2021 at 6201.21

intermediate term down The intermediate-term trend has been DOWN since Dec 27th, 2021 at 6181.26

short term down The short-term trend has been DOWN since Jan 19th, 2022 at 6144.19

Smart Scan Analysis for OMRXMORT

Based on our trend formula, OMRXMORT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for OMRXMORT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6146.07 6146.07 6141.35 6143.53 -1.44
Prev. Close Volume Bid Ask Time
6144.97 0 2022-01-19 10:19:00
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