FTSE:
The current live price is 10459.9, reflecting a percentage change of +0.42% from the previous price.
Support and Resistance Levels
The current support levels are 10420.98667, 10390.81333, and 10372.97667. The resistance levels are 10468.99667, 10486.83333, and 10517.00667. The pivot point is at 10438.82333.
Indicators
RSI is at 66.24, which has been rising. ATR is currently 30.0503. ADX stands at 23.88146. The Parabolic SAR has flipped to 10260.51513. Both the 50-day SMA at 10319.7532 and the 200-day EMA at 10315.0827 are below the current price.
Market Sentiment
The market is bullish as the current price is above the pivot point (10438.82333) and indicators support a buying trend.
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.