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 London - FTSE (FTSE.NDX) - Close: 5 632.19 (-57.17), Feb 9, 2016

Chart Technical Analysis London - FTSE (FTSE)

rsi chart
 Negative Candidate -Medium term, Feb 9, 2016Analysis Explanation
London - FTSE is within a falling trend. Continued negative development within the trend channel is indicated. Has had a strong fall after the negative signal from a head and shoulders formation at the break down through the support at 6325. The objective at 5846 is now met, but the formation signals further development in the same direction. The index has resistance at points 5900. The RSI curve shows a rising trend, which is an early signal for a possible trend break up. The index is overall assessed as technically negative for the medium long term.

1 day-0.79%0.00-1.00%
5 days0.002.61%0.00-4.89%
22 days0.006.42%0.00-4.74%
66 days0.0010.94%0.00-12.17%
Trend -15%5439.43 - 6219.46
Short Term Trading Range2015-11-12
Double Bottom Pattern2015-10-05
Head and Shoulders Pattern2015-08-21
Moving average2015-06-17
Long Term Trading Range2015-06-04
Double Top Pattern2015-06-04

 


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