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Index Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
OMRX Treasury Bond 3-5 y Index (NASDAQ:OMRXTBOND35)
Sidelines Mode (-55) - OMRXTBOND35 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid OMRXTBOND35?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMRXTBOND35.
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 OMRXTBOND35
The long-term trend has been UP since Nov 2nd, 2023 at 564.21
The intermediate-term trend has been DOWN since Apr 3rd, 2024 at 578.80
The short-term trend has been UP since Apr 12th, 2024 at 579.41
Smart Scan Analysis for OMRXTBOND35
Based on our trend formula, OMRXTBOND35 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 578.73 | 579.51 | 578.23 | 578.36 | -0.32 |
| Prev. Close | Volume | Bid | Ask | Time |
| 578.36 | 0 | 2024-04-19 10:19:00 |