Index Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
OMX Helsinki Retail PI (NASDAQ:HX4040PI)
Sidelines Mode (+55) - HX4040PI 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 HX4040PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for HX4040PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HX4040PI
The long-term trend has been UP since Jul 15th, 2020 at 1460.07
The intermediate-term trend has been UP since Jul 15th, 2020 at 1460.07
The short-term trend has been DOWN since Oct 15th, 2020 at 1701.63
Smart Scan Analysis for HX4040PI
Based on our trend formula, HX4040PI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).