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Index Trend Analysis Report
Prepared for you on Wednesday, May 15, 2024.
OMRX Municipal Bond Index (NASDAQ:OMRXMUNI)
Strong Uptrend (+100) - OMRXMUNI is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, OMRXMUNI continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 May 3rd, 2024 at 1220.75
The short-term trend has been UP since Apr 29th, 2024 at 1217.35
Smart Scan Analysis for OMRXMUNI
Based on our trend formula, OMRXMUNI is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1226.22 | 1229.63 | 1226.22 | 1228.76 | +2.65 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1226.11 | 0 | 2024-05-15 10:20:00 |