OMX HELSINKI CAP_PI - 1H - Technical analysis published on 02/28/2023 (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:
Strongly bullish
Underlying:
Bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 7,985.09 EUR
My targets
8,108.08 EUR (+0.32%)
8,150.74 EUR (+0.85%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on OMX HELSINKI CAP_PI as long as the price remains well above 7,985.09 EUR. The buyers' bullish objective is set at 8,108.08 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 8,150.74 EUR. If there is any crossing, the next objective would be the resistance located at 8,705.43 EUR.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7
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Additional analysis
Quotes
The OMX HELSINKI CAP_PI price is 8,082.09 EUR. The price registered a decrease of -0.02% on the session and was between 8,029.51 EUR and 8,088.67 EUR. This implies that the price is at +0.65% from its lowest and at -0.08% from its highest.8,029.51
8,088.67
8,082.09
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 HIGH record (1 year)
Type : Bullish
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 OMX HELSINKI CAP_PI in 1H shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is high given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is over resistance 1
Type : Neutral
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
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7,940.71 | 7,985.09 | 8,079.57 | 8,082.09 | 8,108.08 | 8,150.74 | 8,705.43 |
| Change (%) | -1.75% | -1.20% | -0.03% | - | +0.32% | +0.85% | +7.71% |
| Change | -141.38 | -97.00 | -2.52 | - | +25.99 | +68.65 | +623.34 |
| Level | Minor | Intermediate | Minor | - | Minor | Major | 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 | 7,943.42 | 7,977.55 | 8,030.64 | 8,064.77 | 8,117.86 | 8,151.99 | 8,205.08 |
| Camarilla | 8,059.74 | 8,067.73 | 8,075.73 | 8,083.72 | 8,091.72 | 8,099.71 | 8,107.71 |
| Woodie | 7,952.89 | 7,982.29 | 8,040.11 | 8,069.51 | 8,127.33 | 8,156.73 | 8,214.55 |
| Fibonacci | 7,977.55 | 8,010.87 | 8,031.46 | 8,064.77 | 8,098.09 | 8,118.68 | 8,151.99 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7,823.86 | 7,904.31 | 7,947.60 | 8,028.05 | 8,071.34 | 8,151.79 | 8,195.08 |
| Camarilla | 7,956.85 | 7,968.19 | 7,979.54 | 7,990.88 | 8,002.22 | 8,013.57 | 8,024.91 |
| Woodie | 7,805.27 | 7,895.02 | 7,929.01 | 8,018.76 | 8,052.75 | 8,142.50 | 8,176.49 |
| Fibonacci | 7,904.31 | 7,951.58 | 7,980.79 | 8,028.05 | 8,075.32 | 8,104.53 | 8,151.79 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7,453.14 | 7,608.03 | 7,778.96 | 7,933.85 | 8,104.78 | 8,259.67 | 8,430.60 |
| Camarilla | 7,860.29 | 7,890.16 | 7,920.02 | 7,949.89 | 7,979.76 | 8,009.62 | 8,039.49 |
| Woodie | 7,461.16 | 7,612.04 | 7,786.98 | 7,937.86 | 8,112.80 | 8,263.68 | 8,438.62 |
| Fibonacci | 7,608.03 | 7,732.49 | 7,809.39 | 7,933.85 | 8,058.31 | 8,135.21 | 8,259.67 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 54.90 | |
| MACD (12,26,9): | 7.4500 | |
| Directional Movement: | 4.87 | |
| AROON (14): | -14.28 | |
| DEMA (21): | 8,074.71 | |
| Parabolic SAR (0,02-0,02-0,2): | 8,090.99 | |
| Elder Ray (13): | 12.26 | |
| Super Trend (3,10): | 8,024.39 | |
| Zig ZAG (10): | 8,083.23 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 78.46 | |
| TEMA (21): | 8,080.61 | |
| Williams %R (14): | -24.63 | |
| Chande Momentum Oscillator (20): | 3.55 | |
| Repulse (5,40,3): | 0.2900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.62 |
| MA7: | 8,049.32 | |
| MA20: | 8,063.77 | |
| MA50: | 7,975.22 | |
| MA100: | 7,767.76 | |
| MAexp7: | 8,074.24 | |
| MAexp20: | 8,065.21 | |
| MAexp50: | 8,058.47 | |
| MAexp100: | 8,056.83 | |
| Price / MA7: | +0.41% | |
| Price / MA20: | +0.23% | |
| Price / MA50: | +1.34% | |
| Price / MA100: | +4.05% | |
| Price / MAexp7: | +0.10% | |
| Price / MAexp20: | +0.21% | |
| Price / MAexp50: | +0.29% | |
| Price / MAexp100: | +0.31% |
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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