FTSE:
The current market price is 9747.80, showing a percentage change of 0.0% from the previous close.
Support and Resistance Levels
The support levels are 9730.74, 9729.24, and 9725.42. The resistance levels are 9760.88, 9765.41, and 9770.47, with a pivot point at 9747.80.
Indicators
The RSI is at 54.63 indicating neutral momentum. ATR is 23.07 suggesting high volatility. ADX is at 10.81 demonstrating a weak trend. The 50-day SMA is 9745.13, signaling support, while the Parabolic SAR is at 9740.37, indicating a bullish trend.
Market Sentiment
Market remains bullish as the price is above the pivot point of 9747.80, supported by RSI and SMA indicators.
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.