Index Trend Analysis Report
Prepared for you on Thursday, January 2, 2025.
OMRX Mortgage Bond 3-5 y Index (NASDAQ:OMRXMORT35)
Bear Market Rally (-75) - OMRXMORT35 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on OMRXMORT35 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid OMRXMORT35?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMRXMORT35.
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 OMRXMORT35
The long-term trend has been DOWN since Dec 27th, 2024 at 819.62
The intermediate-term trend has been DOWN since Dec 17th, 2024 at 825.32
The short-term trend has been UP since Jan 2nd, 2025 at 822.35
Smart Scan Analysis for OMRXMORT35
Based on our trend formula, OMRXMORT35 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
819.34 | 823.16 | 819.12 | 823.03 | +3.95 |
Prev. Close | Volume | Bid | Ask | Time |
819.08 | 0 | 2025-01-02 10:18:00 |