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Content
Signals
All indicators - Medium term
OMX Helsinki GINov 12, 2024
ValmetNov 12, 2024
Orion BNov 12, 2024
Aktia BankNov 12, 2024
Raisio Vaihto-osakeNov 12, 2024

The market showed a negative development Tuesday, and OMX Helsinki ended the day at 9595 points, which is a decline of 2.1 percent. The index has not closed lower since Aug 6. The index has thereby closed down 12 out of the past 17 days.

34 shares showed a gain and 136 showed a loss. 8 shares were unchanged and closed at the same price as the previous day. There was no trading in 1 shares.

Total value of the trading volume for shares and primary capital certificates Tuesday was approximately 0.4 billion.

SSAB B closed at 4.42 euro after a steep drop of 6.4 percent. The stock has never lost more in one day since Apr 2, when it was down 6.7 percent. Nor does it look good technically. The stock is trend wise negative in the medium term, has broken down through support at 4.54 euro and a further decline is indicated.
Stora Enso R fell 3.2 percent and broke the 10.00 -mark. The close was at 9.76 euro and the stock has not been lower since Aug 2020. The stock has now closed down for the fourth day in a row. Nor does it look good technically. The stock is trend wise negative in the medium term, has resistance at 10.54 euro and a further decline is indicated.
UPM-Kymmene closed at 25.09 euro after posting a loss of 3.5 percent. The previous time the stock lost this much was Aug 2, when it closed down 4.0 percent. This past week the stock has lost as much as 7.3 percent. Nor does it look good technically. The stock is trend wise negative in the medium term, has resistance at 27.00 euro and a further decline is indicated.
Kemira fell sharply to close at 18.87 euro, down 3.5 percent. The previous time the stock lost this much was Jul 17, when it closed down 11.9 percent. This past month the stock has lost as much as 14.0 percent. Nor does it look good technically. The stock is trend wise positive in the medium term, but has broken down through support at 19.20 euro.
Huhtamäki closed at 36.18 euro after a steep drop of 3.2 percent. The previous time the stock lost this much was Aug 2, when it closed down 3.8 percent. The stock thereby reversed down after five days of gains. Technically, however, it looks good. The stock is assessed as technically slightly positive for the medium long term.

US 500 weakly higher Monday
The market showed a small gain Monday, and S&P 500 ended the day at 6001 points, which is an increase of 0.5 percent. This past week the index has gained as much as 5.1 percent.

Indices
OMX Helsinki
arrow red   Negative Candidate
OMX Helsinki is within an approximate horizontal trend channel in the medium long term. This indicates that investors are uncertain and waiting for signals of further direction. A break upwards will be a positive signal, while a break downwards will be a negative signal. The index is moving within a rectangle formation between support at 9278 and resistance at 10360. A decisive break through one of these levels indicates the new direction for the index. The index has broken down through support at points 9700. This predicts a further decline. In case of positive reactions, there will now be resistance at points 9700. Volume tops and volume bottoms correspond badly with tops and bottoms in the price. This weakens the index and indicates increased chance of a break down. The index is overall assessed as technically negative for the medium long term.
S&P 500
arrow green   Positive Candidate
Investors have paid higher prices over time to buy S&P 500 and the index is in a rising trend channel in the medium long term. Rising trends indicate that the market experiences positive development and that buy interest among investors is increasing. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the index has support at approximately 5670 points. The index is assessed as technically positive for the medium long term.
Today´s Case
Elisa (ELISA) Price 42.96, Nov 12, 2024
chart
Investors have paid higher prices over time to buy Elisa and the stock is in a rising trend channel in the medium long term. This signals increasing optimism among investors and indicates continued rise. The price has reacted back after the break of the rectangle formation. There is support around 42.90, which now indicates good buying opportunities. An established break through this support will neutralize the positive signal. The stock is testing support at euro 42.60. This could give a positive reaction, but a downward breakthrough of euro 42.60 means a negative signal. The volume balance is negative and weakens the stock in the short term. The stock is overall assessed as technically positive for the medium long term.
Recommendation: Positive
Latest days indices
AEX-1.49%865.19
CAC40-2.69%7226.98
COMPX0.06%19299.00
DAX1.21%19449
HEX-2.10%9595.26
N100-1.89%1432.15
OMXC25GI-2.30%2138.50
OMXSPI-2.36%965.77
OSEBX-0.59%1411.19
PSI200.51%6420.48
TECDAX1.08%3417.80
BUK100P-1.18%805.89
EURUSD-0.45%1.0600
CL (OIL)-3.32%68.04
Indices Evaluations
 SML
AEXneutralpospos
CAC40negneutralpos
COMPXpospospos
DAXneutralpospos
HEXnegnegneg
N100negneutralpos
OMXC25GInegnegneg
OMXSPIneutralneutralneutral
OSEBXnegposneutral
PSI20negnegneutral
TECDAXneutralpospos
BUK100Pnegneutralpos
EURUSDnegneutralneg
CL (OIL)negnegneutral

S: Short term.    M: Medium term.    L: Long term.
Stock Exchange barometer
Helsingin pörssi - Medium term
 
      
18% 56% 26%
 33 Buy Candidates
 103 Neutral
 47 Sell Candidates
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Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

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