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Index Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

OMRX Municipal Bond Index (NASDAQ:OMRXMUNI)

Long-Term Uptrend (+90) - OMRXMUNI is in a strong uptrend that is likely to continue. While OMRXMUNI is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid OMRXMUNI?

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

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

NASDAQ_OMRXMUNI
Open High Low OMRXMUNI Price Change
1210.21 1210.21 1208.44 1208.73 -1.38
Entry Signal

MarketClub’s Trade Triangles for OMRXMUNI

long term up The long-term trend has been UP since Sep 1st, 2023 at 1174.54

intermediate term up The intermediate-term trend has been UP since Oct 6th, 2023 at 1174.87

short term up The short-term trend has been UP since Nov 27th, 2023 at 1193.44

Smart Scan Analysis for OMRXMUNI

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

+90
Smart Scan Analysis for OMRXMUNI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1210.21 1210.21 1208.44 1208.73 -1.38
Prev. Close Volume Bid Ask Time
1208.73 0 2023-12-08 10:20:00
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