Huhtamäki (HUH1V.HEX)

Close: 44.67 (+0.08), Jul 29, 2021
Positive

Medium risk

Automatic technical analysis. Medium term, Jul 29, 2021

Huhtamäki has broken the rising trend up in the medium long term. This signals an even stronger growth rate. It also gave positive signal from the inverse head and shoulders formation at the break up through the resistance at 40.14. Further rise to 45.36 or more is signaled. The stock is approacing resistance at 46.00 euro, which may give a negative reaction. However, a break upwards through 46.00 euro will be a positive signal. Positive volume balance indicates that volume is high on days with rising prices and low on days with falling prices, which strengthens the stock. RSI is above 70 after a good price increase the past weeks. The stock has strong positive momentum and further increase is indicated. The RSI curve shows a rising trend, which supports the positive trend. The stock is overall assessed as technically positive for the medium long term.

Recommendation one to six months: Positive (Score: 80)

Period  
Vol.bal. Volatility Liquidity +/- %
1 day-1.39%7.70+0.18%
5 days44.844.82%13.28+3.98%
22 days46.3813.57%8.36+11.76%
66 days1.9527.48%9.17+13.78%

More analyses of Huhtamäki

chart Huhtamäki (HUH1V) Candlesticks 22 Days
Candlesticks
chart Huhtamäki (HUH1V) Short term
Short term: Positive
chart Huhtamäki (HUH1V) Medium term
Medium term: Positive
chart Huhtamäki (HUH1V) Long term
Long term: Weak Positive
 


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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.

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