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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.

NASDAQ_OMRXTOT
Open High Low OMRXTOT Price Change
5915.37 5917.05 5910.22 5910.22 -4.67
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 up The intermediate-term trend has been UP since Mar 5th, 2024 at 5884.06

short term up 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).

+90
Smart Scan Analysis for OMRXTOT
Strong Downtrend Sideways 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
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