Index Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
OMX Helsinki Industrial Materials PI (NASDAQ:HX551010PI)
Bear Market Rally (-75) - HX551010PI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HX551010PI as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid HX551010PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for HX551010PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HX551010PI
The long-term trend has been DOWN since Sep 27th, 2021 at 2307.60
The intermediate-term trend has been DOWN since Sep 13th, 2021 at 2526.41
The short-term trend has been UP since Oct 19th, 2021 at 2246.80
Smart Scan Analysis for HX551010PI
Based on our trend formula, HX551010PI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).