Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, August 14, 2020.

OMRX Treasury Bond 1-3 y Index (NASDAQ:OMRXTBOND13)

Long-Term Downtrend (-90) - OMRXTBOND13 is in a strong downtrend that is likely to continue. While OMRXTBOND13 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

NASDAQ_OMRXTBOND13
Open High Low OMRXTBOND13 Price Change
451.32 451.40 451.32 451.40 +0.06
Entry Signal

MarketClub’s Trade Triangles for OMRXTBOND13

long term down The long-term trend has been DOWN since Apr 28th, 2020 at 451.85

intermediate term down The intermediate-term trend has been DOWN since Jul 14th, 2020 at 451.70

short term down The short-term trend has been DOWN since Aug 12th, 2020 at 451.43

Smart Scan Analysis for OMRXTBOND13

Based on our trend formula, OMRXTBOND13 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for OMRXTBOND13
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
451.32 451.40 451.32 451.40 +0.06
Prev. Close Volume Bid Ask Time
451.40 0 2020-08-14 10:18:00
Get a free daily analysis and signals for OMRX Treasury Bond 1-3 y Index (OMRXTBOND13) - Request Your Free Report.