FTSE:
The current live price is 10284.75, reflecting a percentage change of -0.64% from the previous price.
Support and Resistance Levels
Key support levels are at 10331.59, 10318.17, and 10305.35, while resistance levels are at 10357.83, 10370.65, and 10384.07. The pivot point is 10344.41.
Indicators
The RSI is currently at 52.17, indicating a neutral position. The ATR is 129.86, showing increased volatility. The ADX measures at 71.96, indicating a strong trend. The MACD shows a current value of 31.79 with a negative histogram. The current Parabolic SAR is at 8397.87, indicating a bearish trend direction.
Market Sentiment
The market is bearish since the price is below the pivot point of 10344.41, supported by strong indicators for selling.
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.