OMX Copenhagen 25 GI (OMXC25GI.CO)

Close: 1 609.35 (-1.57), Sep 18, 2020
Positive

Low risk

Automatic technical analysis. Medium term, Sep 18, 2020

OMX Copenhagen 25 GI has broken through the floor of a rising trend channel in the medium long term. This indicates a slower rising rate at first, or the start of a more horizontal development. The index is moving within a rectangle formation between support at 1557 and resistance at 1619. A decisive break through one of these levels indicates the new direction for the index. 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 1470 points. RSI diverges negatively against the price, which indicates a danger for a reaction down. The index is overall assessed as technically positive for the medium long term.

Recommendation one to six months: Positive (Score: 83)

Period  
Vol.bal. Volatility Liquidity +/- %
1 day-0.85%0.00-0.10%
5 days0.002.80%0.00+1.78%
22 days0.007.93%0.00+1.69%
66 days0.0017.89%0.00+10.81%

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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