Index Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
OMX Helsinki Industrials GI (NASDAQ:HX50GI)
Countertrend Down (-85) - HX50GI is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid HX50GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for HX50GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HX50GI
The long-term trend has been DOWN since Sep 15th, 2021 at 2947.27
The intermediate-term trend has been DOWN since Nov 26th, 2021 at 2806.59
The short-term trend has been UP since Dec 1st, 2021 at 2842.74
Smart Scan Analysis for HX50GI
Based on our trend formula, HX50GI is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).