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Index Trend Analysis Report

Prepared for you on Friday, May 24, 2024.

OMRX Real Return Bond Index (NASDAQ:OMRXREAL)

Weak Downtrend (-65) - OMRXREAL is showing signs of a strengthening downtrend. Monitor OMRXREAL as it may be building momentum to the downside.

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

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

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

NASDAQ_OMRXREAL
Open High Low OMRXREAL Price Change
7038.87 7040.11 7029.80 7033.22 -5.13
Entry Signal

MarketClub’s Trade Triangles for OMRXREAL

long term up The long-term trend has been UP since Nov 28th, 2023 at 6900.52

intermediate term down The intermediate-term trend has been DOWN since May 24th, 2024 at 7036.53

short term down The short-term trend has been DOWN since May 20th, 2024 at 7067.46

Smart Scan Analysis for OMRXREAL

Based on our trend formula, OMRXREAL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for OMRXREAL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7038.87 7040.11 7029.80 7033.22 -5.13
Prev. Close Volume Bid Ask Time
7038.35 0 2024-05-24 10:02:00
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