OMX HELSINKI 25 - 1H - Technical analysis published on 06/26/2023 (GMT)
- 167
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
50%
22%
28%
My opinion
Bearish under 4,463.10 EUR
My targets
4,304.26 EUR (-1.53%)
4,176.93 EUR (-4.45%)
My analysis
The bearish trend is currently very strong for OMX HELSINKI 25. As long as the price remains below the resistance at 4,463.10 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 4,304.26 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 4,176.93 EUR as an objective. Crossing it would then enable sellers to target 4,045.27 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.2
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. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
OMX HELSINKI 25 rating 4,371.30 EUR. On the day, this instrument lost -0.01% and was traded between 4,319.55 EUR and 4,372.35 EUR over the period. The price is currently at +1.20% from its lowest and -0.02% from its highest.4,319.55
4,372.35
4,371.30
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by OMX HELSINKI 25:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of OMX HELSINKI 25 indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4,045.27 | 4,304.26 | 4,367.77 | 4,371.30 | 4,463.10 | 4,577.61 | 4,626.39 |
| Change (%) | -7.46% | -1.53% | -0.08% | - | +2.10% | +4.72% | +5.84% |
| Change | -326.03 | -67.04 | -3.53 | - | +91.80 | +206.31 | +255.09 |
| Level | Minor | Major | Intermediate | - | Intermediate | Major | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,318.64 | 4,343.20 | 4,357.51 | 4,382.07 | 4,396.38 | 4,420.94 | 4,435.25 |
| Camarilla | 4,361.12 | 4,364.68 | 4,368.25 | 4,371.81 | 4,375.37 | 4,378.94 | 4,382.50 |
| Woodie | 4,313.51 | 4,340.64 | 4,352.38 | 4,379.51 | 4,391.25 | 4,418.38 | 4,430.12 |
| Fibonacci | 4,343.20 | 4,358.05 | 4,367.23 | 4,382.07 | 4,396.92 | 4,406.10 | 4,420.94 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,986.09 | 4,176.93 | 4,274.37 | 4,465.21 | 4,562.65 | 4,753.49 | 4,850.93 |
| Camarilla | 4,292.53 | 4,318.96 | 4,345.38 | 4,371.81 | 4,398.24 | 4,424.66 | 4,451.09 |
| Woodie | 3,939.39 | 4,153.58 | 4,227.67 | 4,441.86 | 4,515.95 | 4,730.14 | 4,804.23 |
| Fibonacci | 4,176.93 | 4,287.05 | 4,355.09 | 4,465.21 | 4,575.33 | 4,643.37 | 4,753.49 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,015.10 | 4,237.89 | 4,350.49 | 4,573.28 | 4,685.88 | 4,908.67 | 5,021.27 |
| Camarilla | 4,370.87 | 4,401.61 | 4,432.36 | 4,463.10 | 4,493.84 | 4,524.59 | 4,555.33 |
| Woodie | 3,960.02 | 4,210.34 | 4,295.41 | 4,545.73 | 4,630.80 | 4,881.12 | 4,966.19 |
| Fibonacci | 4,237.89 | 4,366.01 | 4,445.16 | 4,573.28 | 4,701.40 | 4,780.55 | 4,908.67 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 32.94 | |
| MACD (12,26,9): | -37.4900 | |
| Directional Movement: | -26.56 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 4,331.70 | |
| Parabolic SAR (0,02-0,02-0,2): | 4,328.09 | |
| Elder Ray (13): | 0.15 | |
| Super Trend (3,10): | 4,393.04 | |
| Zig ZAG (10): | 4,371.30 | |
| VORTEX (21): | 0.8200 | |
| Stochastique (14,3,5): | 68.58 | |
| TEMA (21): | 4,338.26 | |
| Williams %R (14): | -24.89 | |
| Chande Momentum Oscillator (20): | -11.30 | |
| Repulse (5,40,3): | 0.3800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1600 | |
| Courbe Coppock: | 1.78 |
| MA7: | 4,521.47 | |
| MA20: | 4,566.56 | |
| MA50: | 4,651.18 | |
| MA100: | 4,769.08 | |
| MAexp7: | 4,362.37 | |
| MAexp20: | 4,387.15 | |
| MAexp50: | 4,464.70 | |
| MAexp100: | 4,525.33 | |
| Price / MA7: | -3.32% | |
| Price / MA20: | -4.28% | |
| Price / MA50: | -6.02% | |
| Price / MA100: | -8.34% | |
| Price / MAexp7: | +0.20% | |
| Price / MAexp20: | -0.36% | |
| Price / MAexp50: | -2.09% | |
| Price / MAexp100: | -3.40% |
Quotes :
-
15 min delayed data
-
NASDAQ EU Indices
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis OMX HELSINKI 25 - 1H