Index Trend Analysis Report
Prepared for you on Tuesday, May 17, 2022.
OMX Helsinki Oil, Gas and Coal PI (NASDAQ:HX601010PI)
Long-Term Downtrend (-90) - HX601010PI is in a strong downtrend that is likely to continue. While HX601010PI 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 HX601010PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for HX601010PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HX601010PI
The long-term trend has been DOWN since Aug 19th, 2021 at 13615.17
The intermediate-term trend has been DOWN since Apr 29th, 2022 at 11494.91
The short-term trend has been DOWN since May 10th, 2022 at 11808.51
Smart Scan Analysis for HX601010PI
Based on our trend formula, HX601010PI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).