Index Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
OMRX Treasury Bond 5- y Index (NASDAQ:OMRXTBOND5)
Strong Uptrend (+100) - OMRXTBOND5 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, OMRXTBOND5 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid OMRXTBOND5?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMRXTBOND5.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMRXTBOND5
The long-term trend has been UP since Dec 1st, 2021 at 1026.54
The intermediate-term trend has been UP since Oct 27th, 2021 at 1009.05
The short-term trend has been UP since Nov 26th, 2021 at 1018.28
Smart Scan Analysis for OMRXTBOND5
Based on our trend formula, OMRXTBOND5 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).