OMX HELSINKI_PI - 1H - Technical analysis published on 07/21/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 9,894.51 EUR
My targets
9,985.13 EUR (+0.54%)
10,028.00 EUR (+0.97%)
My analysis
The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade OMX HELSINKI_PI with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 9,894.51 EUR. The buyers' bullish objective is set at 9,985.13 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 10,028.00 EUR. If there is any crossing, the next objective would be the resistance located at 10,085.00 EUR. If there is a bearish break in the support located at 9,894.51 EUR some indecision would arise.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
2.1
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This analysis was given by Londinia.
Additional analysis
Quotes
OMX HELSINKI_PI rating 9,931.70 EUR. On the day, this instrument lost -0.01% with the lowest point at 9,891.93 EUR and the highest point at 9,964.94 EUR. The deviation from the price is +0.40% for the low point and -0.33% for the high point.9,891.93
9,964.94
9,931.70
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
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:
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 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 slightly bullish. 50.00% of the signals given by moving averages are bullish. The slightly bullish signals given by short-term moving averages do not show a strengthening of this global trend. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bullish signal.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9,790.80 | 9,819.36 | 9,894.51 | 9,931.70 | 9,938.45 | 9,985.13 | 10,028.00 |
| Change (%) | -1.42% | -1.13% | -0.37% | - | +0.07% | +0.54% | +0.97% |
| Change | -140.90 | -112.34 | -37.19 | - | +6.75 | +53.43 | +96.30 |
| Level | Intermediate | Major | Minor | - | Minor | Intermediate | Minor |
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 | 9,818.82 | 9,856.22 | 9,894.65 | 9,932.05 | 9,970.48 | 10,007.88 | 10,046.31 |
| Camarilla | 9,912.24 | 9,919.19 | 9,926.14 | 9,933.09 | 9,940.04 | 9,946.99 | 9,953.94 |
| Woodie | 9,819.35 | 9,856.48 | 9,895.18 | 9,932.31 | 9,971.01 | 10,008.14 | 10,046.84 |
| Fibonacci | 9,856.22 | 9,885.18 | 9,903.08 | 9,932.05 | 9,961.01 | 9,978.91 | 10,007.88 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9,488.85 | 9,639.69 | 9,783.66 | 9,934.50 | 10,078.47 | 10,229.31 | 10,373.28 |
| Camarilla | 9,846.57 | 9,873.59 | 9,900.62 | 9,927.64 | 9,954.66 | 9,981.69 | 10,008.71 |
| Woodie | 9,485.43 | 9,637.97 | 9,780.24 | 9,932.78 | 10,075.05 | 10,227.59 | 10,369.86 |
| Fibonacci | 9,639.69 | 9,752.30 | 9,821.88 | 9,934.50 | 10,047.11 | 10,116.69 | 10,229.31 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8,778.77 | 9,246.01 | 9,600.77 | 10,068.01 | 10,422.77 | 10,890.01 | 11,244.77 |
| Camarilla | 9,729.48 | 9,804.83 | 9,880.18 | 9,955.53 | 10,030.88 | 10,106.23 | 10,181.58 |
| Woodie | 8,722.53 | 9,217.89 | 9,544.53 | 10,039.89 | 10,366.53 | 10,861.89 | 11,188.53 |
| Fibonacci | 9,246.01 | 9,560.01 | 9,754.01 | 10,068.01 | 10,382.01 | 10,576.01 | 10,890.01 |
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): | 52.38 | |
| MACD (12,26,9): | -2.0800 | |
| Directional Movement: | -7.30 | |
| AROON (14): | 0 | |
| DEMA (21): | 9,926.67 | |
| Parabolic SAR (0,02-0,02-0,2): | 9,949.08 | |
| Elder Ray (13): | 7.59 | |
| Super Trend (3,10): | 9,901.07 | |
| Zig ZAG (10): | 9,935.56 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 55.15 | |
| TEMA (21): | 9,925.15 | |
| Williams %R (14): | -36.50 | |
| Chande Momentum Oscillator (20): | 26.71 | |
| Repulse (5,40,3): | 0.1900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.33 |
| MA7: | 9,946.21 | |
| MA20: | 9,927.17 | |
| MA50: | 10,138.36 | |
| MA100: | 10,458.58 | |
| MAexp7: | 9,927.09 | |
| MAexp20: | 9,928.97 | |
| MAexp50: | 9,930.00 | |
| MAexp100: | 9,941.65 | |
| Price / MA7: | -0.15% | |
| Price / MA20: | +0.05% | |
| Price / MA50: | -2.04% | |
| Price / MA100: | -5.04% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | +0.03% | |
| Price / MAexp50: | +0.02% | |
| Price / MAexp100: | -0.10% |
Quotes :
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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.
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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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