Index Trend Analysis Report
Prepared for you on Wednesday, October 5, 2022.
OMX Helsinki Financials GI (NASDAQ:HX30GI)
Sidelines Mode (-55) - HX30GI is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HX30GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for HX30GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HX30GI
The long-term trend has been UP since Aug 8th, 2022 at 3580.36
The intermediate-term trend has been DOWN since Sep 26th, 2022 at 3383.59
The short-term trend has been UP since Oct 4th, 2022 at 3365.82
Smart Scan Analysis for HX30GI
Based on our trend formula, HX30GI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).