Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
OMRX Mortgage Bond Index (NASDAQ:OMRXMORT)
Weak Downtrend (-65) - OMRXMORT is showing signs of a strengthening downtrend. Monitor OMRXMORT as it may be building momentum to the downside.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for OMRXMORT
The long-term trend has been UP since Sep 1st, 2023 at 5849.17
The intermediate-term trend has been DOWN since Apr 8th, 2024 at 6078.30
The short-term trend has been DOWN since Apr 17th, 2024 at 6068.51
Smart Scan Analysis for OMRXMORT
Based on our trend formula, OMRXMORT is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6070.70 | 6074.87 | 6069.52 | 6069.91 | +0.91 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6069.00 | 0 | 2024-04-18 10:19:00 |