Index Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
OMRX Mortgage Bond 5- y Index (NASDAQ:OMRXMORT5)
Weak Downtrend (-65) - OMRXMORT5 is showing signs of a strengthening downtrend. Monitor OMRXMORT5 as it may be building momentum to the downside.
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 Feb 16th, 2021 at 1077.02
The intermediate-term trend has been UP since Jun 9th, 2021 at 1066.00
The short-term trend has been DOWN since Jun 16th, 2021 at 1067.98
Smart Scan Analysis for OMRXMORT5
Based on our trend formula, OMRXMORT5 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).