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Content
Signals
All indicators - Medium term
Qt GroupJan 21, 2020
EndominesJan 21, 2020
ValoeJan 21, 2020
Metsä Board AJan 21, 2020
Saga Furs CJan 21, 2020

The market showed a small loss Tuesday, and OMX Helsinki (HEX) ended the day at 10257 points, which is a decline of 0.69 percent. The index thereby reversed down after eight days of gains.

39 shares showed a gain and 109 showed a loss. 17 shares were unchanged and closed at the same price as the previous day. There was no trading in 2 shares.

Value of the total volume of shares and primary capital certificates traded Tuesday was approximately 2.2 billion.

It was high volume in SSAB B (SSABB). At session end, 958 million euro worth of shares had been bought and sold in the stock, which equals eight times mean daily turnover. SSAB B (SSABB) showed a small loss and ended the day at 30.24 euro, which is a decline of 0.95 percent. It does, however, look good technically. The stock has support at 27.30 euro.
TietoEVRY Corporation (TIETO) developed positively, and gained 0.27 percent to a close of 29.24 euro. The stock has not closed higher since Mar 2000. The stock has thereby closed up 15 out of the past 18 days. It also looks good technically. The stock is trend wise positive in the medium term, has support at 28.40 euro and a further increase is indicated.
Outokumpu (OUT1V) showed a small gain and ended the day at 3.23 euro, which is an increase of 0.84 percent. The stock has now risen for the fourth day in a row and this past month the stock has gained as much as 16.84 percent. Technically, however, it does not look good. The stock is trend wise negative in the medium term and a further decline is indicated.
Telia Company (TELIA1) was up 0.59 percent to close at 3.90 euro. The stock thereby reached a new top for the year. The stock has now closed up for the fourth day in a row. Technically, however, it does not look good. The stock is assessed as technically negative for the medium long term.
Konecranes (KCR) developed positively, and gained 0.79 percent to a close of 29.43 euro. The stock has not closed at a higher price since Nov 2019. The stock has now risen for the fifth day in a row and this past week the stock has gained as much as 6.63 percent. It does, however, not look good technically. The stock is assessed as technically slightly negative for the medium long term.

Slight decrease on US 500 Tuesday
The market showed a small loss Tuesday, and S&P 500 (SP500) ended the day at 3321 points, which is a decline of 0.27 percent.

Indices
OMX Helsinki
   Positive Candidate
OMX Helsinki has broken up through the ceiling of the rising trend channel in the medium long term, which signals an even stronger rising rate. The positive development, however, may give rise to short term corrections down from today's level. The price has risen strongly since the positive signal from inverse head and shoulders formation at the break through the resistance at 9503. The objective at 10215 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 10060 points. RSI is above 70 after a good price increase the past weeks. The index has strong positive momentum and further increase is indicated. However, particularly for big stocks, high RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards. The index is overall assessed as technically positive for the medium long term.
S&P 500
   Positive Candidate
S&P 500 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 3000 points. RSI is above 70 after a good price increase the past weeks. The index has strong positive momentum and further increase is indicated. However, particularly for big stocks, high RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards. The index is overall assessed as technically positive for the medium long term.
Today´s Case
Cargotec (CGCBV) Price 34.02, Jan 21, 2020
Cargotec is in a rising trend channel in the medium long term. This shows that investors over time have bought the stock at higher prices and indicates good development for the company. The stock has given positive signal from inverse head and shoulders formation by a break up through the resistance at 32.18. Further rise to 43.79 or more is signaled. The stock has marginally broken up through the resistance at euro 33.80. An established break predicts a further rise. Positive volume balance shows that volume is higher on days with rising prices than days with falling prices. This indicates increasing optimism among investors. The stock is overall assessed as technically positive for the medium long term.
Recommendation: Positive
Model Portfolio, Helsingin pörssi
Portfolio:1277.95
Ref.idx:-29.42
 Last week20202019
Portfolio   6.14%   8.68%   39.16%
Portfolio after commisio   6.14%   8.68%   36.33%
OMX Helsinki   1.57%   3.87%   13.38%
Latest days indices
AEX-0.38%611.89
ATX0.00%3406.09
CAC40-0.54%6045.99
COMPX0.34%9388.94
DAX0.05%13556
HEX-0.69%10257.00
N100-0.48%1161.33
OMXC25GI-0.09%1371.00
OMXSPI-0.09%704.42
OSEBX-0.48%941.68
PSI20-0.08%5303.81
TECDAX-0.08%3170.25
UKX-0.53%7610.70
EURUSD0.05%110.9161
CL (OIL)-0.27%58.38
Indices Evaluations
 SML
AEXneutralpospos
ATXneutralneutralneutral
CAC40pospospos
COMPXpospospos
DAXpospospos
HEXpospospos
N100pospospos
OMXC25GIpospospos
OMXSPIpospospos
OSEBXposneutralpos
PSI20posposneg
TECDAXpospospos
UKXneutralposneg
EURUSDposnegneutral
CL (OIL)negneutralneutral

S: Short term.    M: Medium term.    L: Long term.
Stock Exchange barometer
Helsingin pörssi - Medium term
 
      
53% 37% 10%
 90 Buy Candidates
 64 Neutral
 17 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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