Index Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
OMX Helsinki Health Care PI (NASDAQ:HX20PI)
Bear Market Rally (-75) - HX20PI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HX20PI as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid HX20PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for HX20PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HX20PI
The long-term trend has been DOWN since May 2nd, 2022 at 1851.02
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 1892.93
The short-term trend has been UP since Jun 17th, 2022 at 1913.56
Smart Scan Analysis for HX20PI
Based on our trend formula, HX20PI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).