FTSE:
The current live price is 10341.85, representing a decline of -0.53%.
Support and Resistance Levels
Current support levels are 10354.68, 10340.02, and 10317.17. Resistance levels are 10392.19, 10415.04, and 10429.70, with a pivot point at 10377.53.
Indicators
RSI is at 62.85, indicating a rising trend. ATR stands at 56.79, ADX at 27.85. The 50-day SMA is 10385.36 while the 200-day EMA is 9957.26. The Parabolic SAR is 8324.29, suggesting a bullish outlook.
Market Sentiment
The market price is below the pivot point (10377.53), suggesting a bearish outlook, reinforced by significant support levels and rising RSI.
FTSE Signals & Technical Analysis
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The FTSE 100 is an index of the top 100 companies listed on the London Stock Exchange. It is a weighted average index, based on market capitalization. Pronounced “footsie,” the FTSE is comprised of established blue chip companies from various industries including energy, construction, and pharmaceuticals. FTSE valuations are an indicator of the U.K.’s aggregate economic prowess and are influenced by corporate earnings, foreign trade levels, and the political environment.