Index Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
OMX Helsinki Industrial Transportation GI (NASDAQ:HX502060GI)
Long-Term Downtrend (-90) - HX502060GI is in a strong downtrend that is likely to continue. While HX502060GI 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 HX502060GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for HX502060GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HX502060GI
The long-term trend has been DOWN since Oct 4th, 2021 at 1638.18
The intermediate-term trend has been DOWN since Nov 23rd, 2021 at 1802.10
The short-term trend has been DOWN since Nov 19th, 2021 at 1863.40
Smart Scan Analysis for HX502060GI
Based on our trend formula, HX502060GI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).