OMX HELSINKI_PI

OMXHPI

- EUR (-)

- 15 min delayed data - NASDAQ EU Indices

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Type:	Indices
Ticker:	OMXHPI
ISIN:

OMX HELSINKI_PI - 1H - Technical analysis published on 06/06/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Bearish

Technical indicators

33%

22%

44%

My opinion

Bearish under 10,271.21 EUR

My targets

10,149.11 EUR (-0.51%)

10,106.60 EUR (-0.93%)

My analysis

There is a bearish trend on OMX HELSINKI_PI both at the basic level and in the short term. A sale could be considered, so long as the price remains below 10,271.21 EUR. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 10,149.11 EUR. Then the price could move towards 10,106.60 EUR. Then 10,072.00 EUR by extension. Be careful, a return to above the resistance 10,271.21 EUR would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

3.9

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 rating is 10,201.30 EUR. The price is lower by -0.09% since the last closing with the lowest point at 10,199.46 EUR and the highest point at 10,247.08 EUR. The deviation from the price is +0.02% for the low point and -0.45% for the high point.

10,199.46

10,247.08

10,201.30

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

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by OMX HELSINKI_PI:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of OMX HELSINKI_PI in 1H shows an overall bearish trend. 78.57% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 8 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Three black crows

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	10,072.00	10,106.60	10,149.11	10,201.30	10,271.21	10,359.07	10,415.07
Change (%)	-1.27%	-0.93%	-0.51%	-	+0.69%	+1.55%	+2.10%
Change	-129.30	-94.70	-52.19	-	+69.91	+157.77	+213.77
Level	Minor	Minor	Major	-	Intermediate	Intermediate	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10,128.07	10,153.15	10,181.74	10,206.82	10,235.41	10,260.49	10,289.08
Camarilla	10,195.56	10,200.48	10,205.40	10,210.32	10,215.24	10,220.16	10,225.08
Woodie	10,129.82	10,154.03	10,183.49	10,207.70	10,237.16	10,261.37	10,290.83
Fibonacci	10,153.15	10,173.66	10,186.32	10,206.82	10,227.33	10,239.99	10,260.49

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9,868.28	10,005.97	10,125.24	10,262.93	10,382.20	10,519.89	10,639.16
Camarilla	10,173.84	10,197.39	10,220.95	10,244.50	10,268.06	10,291.61	10,315.16
Woodie	9,859.06	10,001.37	10,116.02	10,258.33	10,372.98	10,515.29	10,629.94
Fibonacci	10,005.97	10,104.13	10,164.78	10,262.93	10,361.09	10,421.74	10,519.89

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9,280.31	9,553.41	9,898.96	10,172.06	10,517.61	10,790.71	11,136.26
Camarilla	10,074.37	10,131.08	10,187.79	10,244.50	10,301.21	10,357.92	10,414.63
Woodie	9,316.53	9,571.52	9,935.18	10,190.17	10,553.83	10,808.82	11,172.48
Fibonacci	9,553.41	9,789.74	9,935.74	10,172.06	10,408.39	10,554.39	10,790.71

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):	47.27
MACD (12,26,9):	-6.6600
Directional Movement:	3.65
AROON (14):	78.57
DEMA (21):	10,206.07
Parabolic SAR (0,02-0,02-0,2):	10,177.41
Elder Ray (13):	0.46
Super Trend (3,10):	10,247.13
Zig ZAG (10):	10,207.57
VORTEX (21):	0.8300
Stochastique (14,3,5):	62.89
TEMA (21):	10,208.31
Williams %R (14):	-57.22
Chande Momentum Oscillator (20):	24.37
Repulse (5,40,3):	-0.3500
ROCnROLL:	2
TRIX (15,9):	-0.0100
Courbe Coppock:	0.45

MA7:	10,215.60
MA20:	10,305.47
MA50:	10,048.64
MA100:	9,972.99
MAexp7:	10,211.68
MAexp20:	10,217.11
MAexp50:	10,236.54
MAexp100:	10,252.42
Price / MA7:	-0.14%
Price / MA20:	-1.01%
Price / MA50:	+1.52%
Price / MA100:	+2.29%
Price / MAexp7:	-0.10%
Price / MAexp20:	-0.15%
Price / MAexp50:	-0.34%
Price / MAexp100:	-0.50%

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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