Index Trend Analysis Report
Prepared for you on Wednesday, October 5, 2022.
OMX Helsinki Banks PI (NASDAQ:HX3010PI)
Countertrend Down (-85) - HX3010PI 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 HX3010PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for HX3010PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HX3010PI
The long-term trend has been DOWN since Jan 24th, 2022 at 1530.28
The intermediate-term trend has been DOWN since Sep 19th, 2022 at 1366.68
The short-term trend has been UP since Oct 4th, 2022 at 1360.92
Smart Scan Analysis for HX3010PI
Based on our trend formula, HX3010PI is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).