Index Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
OMX Helsinki Basic Resources PI (NASDAQ:HX5510PI)
Long-Term Downtrend (-90) - HX5510PI is in a strong downtrend that is likely to continue. While HX5510PI 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 HX5510PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for HX5510PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HX5510PI
The long-term trend has been DOWN since Mar 13th, 2023 at 1552.43
The intermediate-term trend has been DOWN since Mar 10th, 2023 at 1577.40
The short-term trend has been DOWN since Mar 7th, 2023 at 1636.70
Smart Scan Analysis for HX5510PI
Based on our trend formula, HX5510PI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).