Index Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
OMX Helsinki Consumer Staples GI (NASDAQ:HX45GI)
Bear Market Rally (-75) - HX45GI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HX45GI as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid HX45GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for HX45GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HX45GI
The long-term trend has been DOWN since Oct 1st, 2021 at 1704.91
The intermediate-term trend has been UP since Jul 4th, 2022 at 1327.03
The short-term trend has been DOWN since Aug 12th, 2022 at 1360.61
Smart Scan Analysis for HX45GI
Based on our trend formula, HX45GI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).