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Technical Stock Analysis
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The market showed a small loss Friday, and OMX Helsinki (HEX) ended the day at 9767 points, which is a decline of 0.41 percent. For the week as a whole the index showed a gain of 1.6%.

70 shares were up and 58 were down, while 9 remained unchanged, and there was no trading in 13 shares.

Value of the total volume of shares and primary capital certificates traded Friday was approximately 0.6 billion.

Telia Company AB (TELIA1) closed at 3.99 euro after a solid gain of 8.31 percent. We must go back to Dec 8. 2008 to find an equally strong rise. That time the stock gained 9.06 percent. The stock broke up through the resistance at 3.95 euro in a double bottom formation. This triggered a buy signal on increasing volume and a further increase to 4.27 euro within three months is indicated. The volume was also high. At session end it was bought and sold shares for about 39 million euro in the stock, which equals five times mean daily turnover.
Nokia (NOKIA) developed positively, and gained 2.42 percent to a close of 4.86 euro. The stock thereby broke the earlier top it set Feb 27 and reached a new year-high. The stock has thereby closed up seven out of the past nine days and this past week the stock has gained as much as 7.85 percent. It also looks good technically. The stock has marginally broken up through the resistance at 4.84 euro.
SSAB Corporation (SSABBH) ended with a steep loss of 4.71 percent and closed at 3.90 euro. The stock has never lost more in one day since Aug 2. 2016, when it was down 4.91 percent. The stock thereby reversed down after six days of gains. Technically, however, it looks good. The stock is trend wise positive in the medium term and a further increase is indicated.
Ramirent (RMR1V) showed a small gain and ended the day at 7.04 euro, which is an increase of 0.93 percent. The stock has now risen for the sixth day in a row. It does, however, not look good technically. The stock is trend wise negative in the medium term, is approaching the resistance at 7.20 euro and a further decline is indicated.
Elisa Communications A (ELISA) moved horizontally and closed at 35.52 euro (-0.11 percent). The stock has now closed down for the sixth day in a row. It does, however, look good technically. The stock is trend wise positive in the medium term, is testing the support at 35.20 euro and a further increase is indicated.

Dow Jones approximately even on Friday
The market showed a flat development and Dow Jones Industrial Average (DJX) ended the day at 24665 points (0.00 percent). The week as a whole showed a gain of 1.3%.

NASDAQ flat on Friday
Nasdaq Combined Composite Index (COMPX) moved more or less horizontally on Friday and closed at 7238 points (0.00 percent). For the week as a whole the index showed a gain of 1.8%.

Signals
All indicators - Medium term
NokiaApr 20, 2018
Telia Company ABApr 20, 2018
CityconApr 20, 2018
TechnopolisApr 20, 2018
Exel Composites PlcApr 20, 2018
Latest days indices
AEX-0.17%550.38
ATX0.00%3406.09
CAC400.39%5412.83
COMPX0.00%7238.06
DAX-0.21%12541
DJX0.00%24665
HEX-0.41%9766.60
N1000.15%1050.02
OMXC25GI-0.12%1153.58
OMXSPI0.56%576.01
OSEBX-0.55%846.17
PSI200.11%5527.86
TECDAX-0.56%2623.86
UKX0.54%7368.17
VIX SP5000.00%15.96
EURUSD-0.44%122.8422
CL (OIL)-0.23%68.30
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Indices
OMX Helsinki
   Neutral
OMX Helsinki is within an approximate horizontal trend channel in the medium long term, which indicates further development in the same direction. Is moving within a rectangle formation between support at 9417 and resistance at 10020. A decisive break through one of these levels indicates the new direction for the index. The index has support at points 9350 and resistance at points 10000. The index is overall assessed as technically neutral for the medium long term.
Dow Jones Industrial Average
   Weak Positive Candidate
Dow Jones Industrial Average has broken the floor of the rising trend channel in the medium long term, which indicates a weaker initial rising rate. The index has support at points 23500 and resistance at points 26600. The index is assessed as technically slightly positive for the medium long term.
Nasdaq Combined Composite Index
   Weak Positive Candidate
Nasdaq Combined Composite Index has broken the floor of the rising trend channel in the medium long term, which indicates a weaker initial rising rate. Is moving within a rectangle formation between support at 6907 and resistance at 7665. A decisive break through one of these levels indicates the new direction for the index. The index has support at points 6870 and resistance at points 7600. The index is overall assessed as technically slightly positive for the medium long term.
Today´s Case
Kesko Oyj B (KESKOB) Price 43.74, Apr 20, 2018
Investors have paid higher prices over time to buy Kesko Oyj B and the stock is in a rising trend channel in the medium long term. Rising trends indicate that the company experiences positive development and that buy interest among investors is increasing. Has reacted back after the break of the rectangle formation. There is support around 43.43, which now indicates good buying opportunities. An established break through this support will neutralize the positive signal. The stock has broken down through the support at euro 44.00. This predicts a further decline. In case of positive reactions, there will now be resistance at euro 44.00. The stock is overall assessed as technically positive for the medium long term.
Recommendation: Positive
Model Portfolio, Helsingin pörssi
Portfolio:844.36
Ref.idx:-32.79
 Last week20182017
Portfolio   0.38%   -1.38%   6.44%
Portfolio after commisio   0.38%   -2.33%   3.61%
OMX Helsinki   1.57%   3.12%   6.40%
Indices Evaluations
 SML
AEXpospospos
ATXneutralneutralneutral
CAC40pospospos
COMPXneutralpospos
DAXpospospos
DJXposposneutral
HEXneutralneutralpos
N100pospospos
OMXC25GInegnegpos
OMXSPInegnegneutral
OSEBXneutralpospos
PSI20pospospos
TECDAXnegneutralpos
UKXpospospos
VIX SP500neutralnegneutral
EURUSDpospospos
CL (OIL)pospospos

S: Short term.    M: Medium term.    L: Long term.
Stock Exchange barometer
Helsingin pörssi - Medium term
 
      
28% 56% 16%
 43 Buy Candidates
 86 Neutral
 24 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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