Index Trend Analysis Report
Prepared for you on Sunday, January 29, 2023.
OMX Helsinki Consumer Discretionary GI (NASDAQ:HX40GI)
Bull Market Weakness (+75) - HX40GI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HX40GI as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HX40GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for HX40GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HX40GI
The long-term trend has been DOWN since Sep 20th, 2021 at 1679.21
The intermediate-term trend has been UP since Jan 9th, 2023 at 1034.31
The short-term trend has been UP since Jan 20th, 2023 at 1070.41
Smart Scan Analysis for HX40GI
Based on our trend formula, HX40GI is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).