Index Trend Analysis Report
Prepared for you on Monday, May 16, 2022.
OMX Helsinki Industrials PI (NASDAQ:HX50PI)
Bear Market Rally (-75) - HX50PI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HX50PI as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid HX50PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for HX50PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HX50PI
The long-term trend has been DOWN since Jan 24th, 2022 at 1790.25
The intermediate-term trend has been DOWN since Jan 19th, 2022 at 1918.93
The short-term trend has been UP since May 12th, 2022 at 1399.60
Smart Scan Analysis for HX50PI
Based on our trend formula, HX50PI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).