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Content
Signals
All indicators - Medium term
SSAB BJan 23, 2020
SSAB AJan 23, 2020
Wärtsilä BJan 23, 2020
Nokian RenkaatJan 23, 2020
SSAB BJan 23, 2020

The market showed a small loss Thursday, and OMX Helsinki (HEX) ended the day at 10186 points, which is a decline of 0.47 percent.

46 shares showed a gain and 92 showed a loss. 29 shares were unchanged and closed at the same price as the previous day. There was no trading in 0 shares.

Value of the total volume of shares and primary capital certificates traded Thursday was approximately 1.7 billion.

Ahlstrom-Munksjö (AM1) developed positively, and gained 3.37 percent to a close of 15.32 euro. The stock has not closed higher since May 2018. It was also high volume. Overall it was traded for 4 millions euro in the stock, which is four times as much as normal daily turnover. It also looks good technically. The stock is trend wise positive in the medium term, has support at 14.80 euro and a further increase is indicated.
SSAB B (SSABB) closed at 28.36 euro after posting a loss of 3.47 percent. The previous time the stock lost this much was Oct 3. 2019, when it closed down 3.95 percent.
SSAB A (SSABA) closed at 30.49 euro after a steep drop of 3.08 percent. The previous time the stock lost this much was Oct 3. 2019, when it closed down 4.82 percent. It does not look good technically either. The stock is trend wise positive in the medium term, but has broken down through the support at 30.80 euro.
TietoEVRY Corporation (TIETOS) showed a small gain and ended the day at 310 euro, which is an increase of 0.65 percent. The stock has thereby closed up 16 out of the past 20 days. It also looks good technically. The stock is trend wise positive in the medium term, has support at 283 euro and a further increase is indicated.
Stora Enso R (STERV) closed at 11.86 euro after posting a loss of 3.26 percent. We must go back to Oct 31. 2019 to find an equally steep drop. That time the stock lost 3.93 percent. Nor technically does it look good. The stock is trend wise positive in the medium term, but has marginally broken down through the support at 12.00 euro.

US 500 flat on Wednesday
S&P 500 (SP500) moved more or less horizontally on Wednesday and closed at 3322 points (+0.03 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 index has met the objective at 10215 after a break of inverse head and shoulders formation. The price has now fallen, but the formation indicates further rise. The index is approaching support at 10060 points, which may give a positive reaction. However, a break downwards through 10060 points will be a negative signal. The short term momentum of the index is strongly positive, with RSI above 70. This indicates increasing optimism among investors and further price increase for OMX Helsinki. 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
Investors have paid higher prices over time to buy S&P 500 and the index 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. 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.
Today´s Case
TietoEVRY Corporation (TIETO) Price 29.28, Jan 23, 2020
Investors have paid higher prices over time to buy TietoEVRY Corporation 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. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the stock has support at approximately 28.40 euro. The short term momentum of the stock is strongly positive, with RSI above 70. This indicates increasing optimism among investors and further price increase for TietoEVRY Corporation. The stock is overall assessed as technically positive for the medium long term.
Recommendation: Positive
Model Portfolio, Helsingin pörssi
Portfolio:1270.90
Ref.idx:-29.90
 Last week20202019
Portfolio   1.63%   8.13%   39.16%
Portfolio after commisio   1.63%   8.13%   36.33%
OMX Helsinki   -0.23%   3.15%   13.38%
Latest days indices
AEX-0.97%605.62
ATX0.00%3406.09
CAC40-0.65%5971.79
COMPX0.14%9383.77
DAX-0.30%13516
HEX-0.47%10186.00
N100-0.78%1149.05
OMXC25GI-0.39%1373.99
OMXSPI-1.12%693.20
OSEBX-1.44%930.29
PSI20-0.23%5263.81
TECDAX0.30%3179.83
UKX-0.51%7571.92
EURUSD-0.36%110.4682
CL (OIL)-2.81%56.74
Indices Evaluations
 SML
AEXposneutralpos
ATXneutralneutralneutral
CAC40pospospos
COMPXpospospos
DAXposposneutral
HEXpospospos
N100pospospos
OMXC25GIpospospos
OMXSPIpospospos
OSEBXposneutralpos
PSI20posposneg
TECDAXpospospos
UKXpospospos
EURUSDnegposneg
CL (OIL)neutralnegneutral

S: Short term.    M: Medium term.    L: Long term.
Stock Exchange barometer
Helsingin pörssi - Medium term
 
      
52% 36% 12%
 89 Buy Candidates
 61 Neutral
 21 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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