Index Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
OMX Helsinki Energy PI (NASDAQ:HX60PI)
Countertrend Down (-85) - HX60PI 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 HX60PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for HX60PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HX60PI
The long-term trend has been DOWN since Feb 3rd, 2023 at 11844.59
The intermediate-term trend has been DOWN since Mar 9th, 2023 at 12249.77
The short-term trend has been UP since Mar 21st, 2023 at 12027.75
Smart Scan Analysis for HX60PI
Based on our trend formula, HX60PI is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).