Index Trend Analysis Report
Prepared for you on Thursday, September 21, 2023.
OMX Helsinki Travel and Leisure PI (NASDAQ:HX4050PI)
Sidelines Mode (+55) - HX4050PI 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 HX4050PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for HX4050PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HX4050PI
The long-term trend has been UP since Nov 4th, 2022 at 712.84
The intermediate-term trend has been UP since Sep 1st, 2023 at 926.54
The short-term trend has been DOWN since Sep 13th, 2023 at 935.26
Smart Scan Analysis for HX4050PI
Based on our trend formula, HX4050PI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).