Index Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
OMRX Treasury Bond 1-3 y Index (NASDAQ:OMRXTBOND13)
Crossroads (+60) - OMRXTBOND13 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid OMRXTBOND13?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMRXTBOND13.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMRXTBOND13
The long-term trend has been DOWN since Jan 7th, 2021 at 451.33
The intermediate-term trend has been UP since Apr 9th, 2021 at 450.45
The short-term trend has been UP since Apr 7th, 2021 at 450.38
Smart Scan Analysis for OMRXTBOND13
Based on our trend formula, OMRXTBOND13 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).