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.
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MarketClub’s Trade Triangles for OMRXMORT5
The long-term trend has been DOWN since Nov 7th, 2024 at 1023.15
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 1035.28
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).
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 |