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Index Trend Analysis Report

Prepared for you on Saturday, October 16, 2021.

OMRX Total Market Index (NASDAQ:OMRXTOT)

Countertrend Down (-85) - OMRXTOT is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

NASDAQ_OMRXTOT
Open High Low OMRXTOT Price Change
6106.24 6106.24 6098.12 6098.99 -5.27
Entry Signal

MarketClub’s Trade Triangles for OMRXTOT

long term down The long-term trend has been DOWN since Sep 28th, 2021 at 6099.08

intermediate term down The intermediate-term trend has been DOWN since Aug 26th, 2021 at 6140.00

short term up The short-term trend has been UP since Oct 14th, 2021 at 6099.32

Smart Scan Analysis for OMRXTOT

Based on our trend formula, OMRXTOT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for OMRXTOT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6106.24 6106.24 6098.12 6098.99 -5.27
Prev. Close Volume Bid Ask Time
6098.99 0 2021-10-15 10:19:00
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