OMX HELSINKI_PI

OMXHPI

- EUR (-)

- 15 min delayed data - NASDAQ EU Indices

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Indices
Ticker:	OMXHPI
ISIN:

OMX HELSINKI_PI - Daily - Technical analysis published on 10/13/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

28%

33%

39%

My opinion

Bearish under 10,366.70 EUR

My targets

9,494.40 EUR (-4.24%)

8,858.10 EUR (-10.66%)

My analysis

The bearish trend is currently very strong for OMX HELSINKI_PI. As long as the price remains below the resistance at 10,366.70 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 9,494.40 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 8,858.10 EUR as an objective. Crossing it would then enable sellers to target 7,502.19 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

6.3

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia.

Additional analysis

Quotes

The OMX HELSINKI_PI price is 9,914.85 EUR. The price is lower by -0.07% since the last closing and was traded between 9,853.86 EUR and 9,929.92 EUR over the period. The price is currently at +0.62% from its lowest and -0.15% from its highest.

9,853.86

9,929.92

9,914.85

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of OMX HELSINKI_PI indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	7,502.19	8,858.10	9,494.40	9,914.85	9,993.64	10,366.70	10,794.50
Change (%)	-24.33%	-10.66%	-4.24%	-	+0.79%	+4.56%	+8.87%
Change	-2,412.66	-1,056.75	-420.45	-	+78.79	+451.85	+879.65
Level	Intermediate	Intermediate	Intermediate	-	Major	Major	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9,767.44	9,830.97	9,876.50	9,940.03	9,985.56	10,049.09	10,094.62
Camarilla	9,892.04	9,902.04	9,912.03	9,922.03	9,932.03	9,942.02	9,952.02
Woodie	9,758.44	9,826.47	9,867.50	9,935.53	9,976.56	10,044.59	10,085.62
Fibonacci	9,830.97	9,872.63	9,898.37	9,940.03	9,981.69	10,007.43	10,049.09

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9,156.93	9,470.97	9,720.06	10,034.10	10,283.19	10,597.23	10,846.32
Camarilla	9,814.30	9,865.92	9,917.54	9,969.16	10,020.78	10,072.40	10,124.02
Woodie	9,124.47	9,454.73	9,687.60	10,017.86	10,250.73	10,580.99	10,813.86
Fibonacci	9,470.97	9,686.08	9,818.98	10,034.10	10,249.21	10,382.11	10,597.23

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8,280.36	8,982.09	9,458.45	10,160.18	10,636.54	11,338.27	11,814.63
Camarilla	9,610.84	9,718.83	9,826.82	9,934.81	10,042.80	10,150.79	10,258.79
Woodie	8,167.68	8,925.75	9,345.77	10,103.84	10,523.86	11,281.93	11,701.95
Fibonacci	8,982.09	9,432.12	9,710.15	10,160.18	10,610.21	10,888.24	11,338.27

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):	39.71
MACD (12,26,9):	-141.8100
Directional Movement:	-12.88
AROON (14):	21.43
DEMA (21):	9,909.48
Parabolic SAR (0,02-0,02-0,2):	9,771.43
Elder Ray (13):	-141.36
Super Trend (3,10):	10,402.74
Zig ZAG (10):	9,913.07
VORTEX (21):	0.8000
Stochastique (14,3,5):	36.11
TEMA (21):	9,886.06
Williams %R (14):	-66.93
Chande Momentum Oscillator (20):	-38.83
Repulse (5,40,3):	-0.1000
ROCnROLL:	2
TRIX (15,9):	-0.2200
Courbe Coppock:	2.99

MA7:	10,007.85
MA20:	10,062.64
MA50:	10,491.25
MA100:	10,570.65
MAexp7:	9,973.75
MAexp20:	10,107.11
MAexp50:	10,341.67
MAexp100:	10,588.74
Price / MA7:	-0.93%
Price / MA20:	-1.47%
Price / MA50:	-5.49%
Price / MA100:	-6.20%
Price / MAexp7:	-0.59%
Price / MAexp20:	-1.90%
Price / MAexp50:	-4.13%
Price / MAexp100:	-6.36%

Quotes : - 15 min delayed data - NASDAQ EU Indices

This member declared not having a position on this financial instrument or a related financial instrument.

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