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Index Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

OMRX Total Market Index (NASDAQ:OMRXTOT)

Crossroads (+60) - OMRXTOT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
6128.02 6132.10 6124.43 6132.03 +5.19
Entry Signal

MarketClub’s Trade Triangles for OMRXTOT

long term up The long-term trend has been UP since Oct 31st, 2023 at 5694.67

intermediate term down The intermediate-term trend has been DOWN since Nov 5th, 2024 at 6110.43

short term down The short-term trend has been DOWN since Nov 21st, 2024 at 6124.76

Smart Scan Analysis for OMRXTOT

Based on our trend formula, OMRXTOT is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for OMRXTOT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6128.02 6132.10 6124.43 6132.03 +5.19
Prev. Close Volume Bid Ask Time
6126.84 0 2024-11-21 05:28:00
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