OMX Copenhagen 25 GI (OMXC25GI.CO)

Close: 1 361.18 (+8.69), Jan 28, 2020
Automatic technical analysis
Medium term
Recommendation one to six months
Positive

Low risk

Liquidity risk: Not applicableVolatility risk: Low

Indicators 

Rising trend

Trend floor at 1357.24 (-0.3%).
Trend ceiling at 1411.33 (+3.7%).
Annualized rate of increase 63%.

Neutral volume balance

VolBal22: 0

Neutral momentum

RSI21: 56

Rectangle

Buy signal triggered Nov 1, 2019.

Analyses


Short

Medium

Long

Overall

Insider

Automatic technical analysis. Medium term, Jan 28, 2020

OMX Copenhagen 25 GI shows strong development within 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. The price has risen strongly since the positive signal from rectangle formation at the break through the resistance at 1232. The objective at 1301 is now met, but the formation still gives a signal in the same direction. 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 1230 points. The index is overall assessed as technically positive for the medium long term.

Recommendation one to six months: Positive (Score: 92)

Period  
Vol.bal. Volatility Liquidity +/- %
1 day-0.68%0.00+0.64%
5 days0.002.27%0.00-0.72%
22 days0.005.60%0.00+2.40%
66 days0.0011.21%0.00+12.87%

More analyses of OMX Copenhagen 25 GI

chart OMX Copenhagen 25 GI (OMXC25GI) Candlesticks 22 Days
Candlesticks
chart OMX Copenhagen 25 GI (OMXC25GI) Short term
Short term: Positive
chart OMX Copenhagen 25 GI (OMXC25GI) Medium term
Medium term: Positive
chart OMX Copenhagen 25 GI (OMXC25GI) Long term
Long term: 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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