FTSE:
The current live price is 10405.7, with no change from the previous price.
Support and Resistance Levels
The current support levels are 10395.70333, 10376.70667, and 10364.20333, while resistance levels stand at 10427.20333, 10439.70667, and 10458.70333. The pivot point is 10408.20667.
Indicators
Current RSI is 50.4, showing a falling trend. ATR stands at 28.85249. ADX is at 27.10828, indicating a weakening trend. Parabolic SAR currently sits at 10350.62066. The 50-day SMA and 200-day EMA are 10428.4746 and 10493.0685, respectively.
Market Sentiment
The market is bearish as the price is below the pivot of 10408.20667, with indicators suggesting weak momentum.
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.