Index Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
OMX Helsinki Consumer Products and Services PI (NASDAQ:HX4020PI)
Long-Term Downtrend (-90) - HX4020PI is in a strong downtrend that is likely to continue. While HX4020PI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid HX4020PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for HX4020PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HX4020PI
The long-term trend has been DOWN since Feb 21st, 2022 at 2943.50
The intermediate-term trend has been DOWN since Apr 12th, 2022 at 2806.03
The short-term trend has been DOWN since May 25th, 2022 at 2645.46
Smart Scan Analysis for HX4020PI
Based on our trend formula, HX4020PI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).