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Index Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
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.
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MarketClub’s Trade Triangles for OMRXMUNI
The long-term trend has been UP since Sep 1st, 2023 at 1174.54
The intermediate-term trend has been UP since Jan 15th, 2025 at 1268.27
The short-term trend has been UP since Jan 29th, 2025 at 1271.49
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1279.13 | 1279.38 | 1276.11 | 1276.60 | -2.45 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1276.60 | 0 | 2025-02-04 10:19:00 |