Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
OMRX Mortgage Bond 1-3 y Index (NASDAQ:OMRXMORT13)
Sidelines Mode (-55) - OMRXMORT13 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid OMRXMORT13?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMRXMORT13.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for OMRXMORT13
The long-term trend has been UP since Aug 24th, 2023 at 545.49
The intermediate-term trend has been DOWN since Dec 16th, 2024 at 584.16
The short-term trend has been UP since Dec 12th, 2024 at 585.46
Smart Scan Analysis for OMRXMORT13
Based on our trend formula, OMRXMORT13 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
583.26 | 583.28 | 582.82 | 582.85 | -0.29 |
Prev. Close | Volume | Bid | Ask | Time |
582.85 | 0 | 2024-12-23 10:15:00 |