Index Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
OMRX Mortgage Bond 5- y Index (NASDAQ:OMRXMORT5)
Strong Downtrend (-100) - OMRXMORT5 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, OMRXMORT5 continues to fall. 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.
MarketClub’s Trade Triangles for OMRXMORT5
The long-term trend has been DOWN since Sep 24th, 2021 at 1063.06
The intermediate-term trend has been DOWN since Dec 27th, 2021 at 1054.73
The short-term trend has been DOWN since Jan 28th, 2022 at 1041.25
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).