Index Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
OMRX Treasury Bill 90 day Index (NASDAQ:OMRXTBILL90)
Long-Term Uptrend (+90) - OMRXTBILL90 is in a strong uptrend that is likely to continue. While OMRXTBILL90 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 OMRXTBILL90?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMRXTBILL90.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMRXTBILL90
The long-term trend has been UP since Oct 28th, 2022 at 346.14
The intermediate-term trend has been UP since Aug 29th, 2022 at 345.44
The short-term trend has been UP since Jan 13th, 2023 at 346.77
Smart Scan Analysis for OMRXTBILL90
Based on our trend formula, OMRXTBILL90 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).