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Index Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

OMRX Mortgage Bond 5- y Index (NASDAQ:OMRXMORT5)

Long-Term Downtrend (-90) - OMRXMORT5 is in a strong downtrend that is likely to continue. While OMRXMORT5 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 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.

NASDAQ_OMRXMORT5
Open High Low OMRXMORT5 Price Change
1029.86 1030.60 1028.66 1030.35 +0.72
Entry Signal

MarketClub’s Trade Triangles for OMRXMORT5

long term down The long-term trend has been DOWN since Nov 7th, 2024 at 1023.15

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2024 at 1035.28

short term down The short-term trend has been DOWN since Nov 20th, 2024 at 1030.57

Smart Scan Analysis for OMRXMORT5

Based on our trend formula, OMRXMORT5 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for OMRXMORT5
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1029.86 1030.60 1028.66 1030.35 +0.72
Prev. Close Volume Bid Ask Time
1029.63 0 2024-11-21 06:00:00
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