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Index Trend Analysis Report

Prepared for you on Sunday, May 22, 2022.

OMRX Mortgage Bond All Index (NASDAQ:OMRXMORTALL)

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

MarketClub looks at technical strength and momentum to determine if the timing is right for OMRXMORTALL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_OMRXMORTALL
Open High Low OMRXMORTALL Price Change
611.73 611.73 611.04 611.29 -0.26
Entry Signal

MarketClub’s Trade Triangles for OMRXMORTALL

long term down The long-term trend has been DOWN since Sep 27th, 2021 at 648.06

intermediate term down The intermediate-term trend has been DOWN since Mar 10th, 2022 at 635.50

short term down The short-term trend has been DOWN since May 18th, 2022 at 611.34

Smart Scan Analysis for OMRXMORTALL

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

-90
Smart Scan Analysis for OMRXMORTALL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
611.73 611.73 611.04 611.29 -0.26
Prev. Close Volume Bid Ask Time
611.29 0 2022-05-20 10:19:00
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