Index Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
OMRX Total Market Index (NASDAQ:OMRXTOT)
Long-Term Uptrend (+90) - OMRXTOT is in a strong uptrend that is likely to continue. While OMRXTOT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid OMRXTOT?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMRXTOT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
MarketClub’s Trade Triangles for OMRXTOT
The long-term trend has been UP since Oct 31st, 2023 at 5694.67
The intermediate-term trend has been UP since Mar 5th, 2024 at 5884.06
The short-term trend has been UP since Mar 21st, 2024 at 5896.50
Smart Scan Analysis for OMRXTOT
Based on our trend formula, OMRXTOT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
5915.37 | 5917.05 | 5910.22 | 5910.22 | -4.67 |
Prev. Close | Volume | Bid | Ask | Time |
5910.22 | 0 | 2024-03-28 11:20:00 |