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Index Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
OMRX Treasury Bond Index (NASDAQ:OMRXTBOND)
Bull Market Weakness (+75) - OMRXTBOND is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on OMRXTBOND as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid OMRXTBOND?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMRXTBOND.
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 OMRXTBOND
The long-term trend has been DOWN since Nov 5th, 2019 at 7457.45
The intermediate-term trend has been UP since Jan 23rd, 2020 at 7407.27
The short-term trend has been UP since Feb 11th, 2020 at 7430.68
Smart Scan Analysis for OMRXTBOND
Based on our trend formula, OMRXTBOND is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7487.58 | 7503.15 | 7487.54 | 7500.78 | +12.49 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7374.90 | 0 | 2020-02-21 10:20:00 |