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Index Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
OMRX Mortgage Bond 5- y Index (NASDAQ:OMRXMORT5)
Strong Uptrend (+100) - OMRXMORT5 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, OMRXMORT5 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid OMRXMORT5?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMRXMORT5.
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 OMRXMORT5
The long-term trend has been UP since Oct 10th, 2023 at 930.15
The intermediate-term trend has been UP since May 3rd, 2024 at 984.88
The short-term trend has been UP since Apr 29th, 2024 at 978.40
Smart Scan Analysis for OMRXMORT5
Based on our trend formula, OMRXMORT5 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 990.75 | 991.88 | 989.88 | 990.38 | -0.11 |
| Prev. Close | Volume | Bid | Ask | Time |
| 990.49 | 0 | 2024-05-08 10:19:00 |