OMX HELSINKI_PI - 1H - Technical analysis published on 08/12/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 10,977.30 EUR
My targets
11,253.00 EUR (+1.52%)
11,510.30 EUR (+3.84%)
My analysis
The basic bullish trend is very strong on OMX HELSINKI_PI but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 10,977.30 EUR. Crossing the first resistance at 11,253.00 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 11,510.30 EUR as an objective. Crossing it would then enable buyers to target 12,258.20 EUR. Caution, a return to below 10,977.30 EUR would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
5
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This analysis was given by Londinia.
Additional analysis
Quotes
The OMX HELSINKI_PI rating is 11,084.53 EUR. On the day, this instrument lost -0.02% with the lowest point at 11,084.53 EUR and the highest point at 11,134.62 EUR. The deviation from the price is 0% for the low point and -0.45% for the high point.11,084.53
11,134.62
11,084.53
Here is a more detailed summary of the historical variations registered by OMX HELSINKI_PI:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of OMX HELSINKI_PI indicates that the overall trend is strongly bullish. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 10,837.30 | 10,977.30 | 11,061.80 | 11,084.53 | 11,253.00 | 11,510.30 | 12,258.20 |
| Change (%) | -2.23% | -0.97% | -0.21% | - | +1.52% | +3.84% | +10.59% |
| Change | -247.23 | -107.23 | -22.73 | - | +168.47 | +425.77 | +1,173.67 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11,017.74 | 11,051.14 | 11,067.83 | 11,101.23 | 11,117.92 | 11,151.32 | 11,168.01 |
| Camarilla | 11,070.76 | 11,075.35 | 11,079.94 | 11,084.53 | 11,089.12 | 11,093.71 | 11,098.31 |
| Woodie | 11,009.40 | 11,046.96 | 11,059.49 | 11,097.05 | 11,109.58 | 11,147.14 | 11,159.67 |
| Fibonacci | 11,051.14 | 11,070.27 | 11,082.09 | 11,101.23 | 11,120.36 | 11,132.18 | 11,151.32 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10,605.66 | 10,721.47 | 10,903.00 | 11,018.81 | 11,200.34 | 11,316.15 | 11,497.68 |
| Camarilla | 11,002.76 | 11,030.02 | 11,057.27 | 11,084.53 | 11,111.79 | 11,139.04 | 11,166.30 |
| Woodie | 10,638.52 | 10,737.90 | 10,935.86 | 11,035.24 | 11,233.20 | 11,332.58 | 11,530.54 |
| Fibonacci | 10,721.47 | 10,835.05 | 10,905.23 | 11,018.81 | 11,132.39 | 11,202.57 | 11,316.15 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9,479.94 | 9,788.26 | 10,381.57 | 10,689.89 | 11,283.20 | 11,591.52 | 12,184.83 |
| Camarilla | 10,726.93 | 10,809.58 | 10,892.23 | 10,974.88 | 11,057.53 | 11,140.18 | 11,222.83 |
| Woodie | 9,622.44 | 9,859.51 | 10,524.07 | 10,761.14 | 11,425.70 | 11,662.77 | 12,327.33 |
| Fibonacci | 9,788.26 | 10,132.68 | 10,345.47 | 10,689.89 | 11,034.31 | 11,247.10 | 11,591.52 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 55.38 | |
| MACD (12,26,9): | 30.0600 | |
| Directional Movement: | 10.93 | |
| AROON (14): | 14.29 | |
| DEMA (21): | 11,122.20 | |
| Parabolic SAR (0,02-0,02-0,2): | 11,083.46 | |
| Elder Ray (13): | 2.25 | |
| Super Trend (3,10): | 11,041.28 | |
| Zig ZAG (10): | 11,084.53 | |
| VORTEX (21): | 1.1700 | |
| Stochastique (14,3,5): | 35.30 | |
| TEMA (21): | 11,123.27 | |
| Williams %R (14): | -78.96 | |
| Chande Momentum Oscillator (20): | -11.59 | |
| Repulse (5,40,3): | -0.2900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 0.52 |
| MA7: | 10,987.16 | |
| MA20: | 10,805.15 | |
| MA50: | 10,637.93 | |
| MA100: | 10,857.06 | |
| MAexp7: | 11,099.71 | |
| MAexp20: | 11,078.97 | |
| MAexp50: | 11,019.96 | |
| MAexp100: | 10,935.68 | |
| Price / MA7: | +0.89% | |
| Price / MA20: | +2.59% | |
| Price / MA50: | +4.20% | |
| Price / MA100: | +2.10% | |
| Price / MAexp7: | -0.14% | |
| Price / MAexp20: | +0.05% | |
| Price / MAexp50: | +0.59% | |
| Price / MAexp100: | +1.36% |
Quotes :
-
15 min delayed data
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NASDAQ EU Indices
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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