Investtech.com
 London - FTSE (FTSE.NDX) - Close: 6 777.66 (+22.18), Aug 21, 2014

Chart Technical Analysis London - FTSE (FTSE)

 Negative Candidate -Medium term, Aug 21, 2014Analysis Explanation
London - FTSE does not show any clear trend. Is moving within a rectangle formation between support at 6577 and resistance at 6949. A decisive break through one of these levels indicates the new direction for the index. The index has support at points 6680 and resistance at points 6870. The index is overall assessed as technically negative for the medium long term.

1 day-0.54%0.00+0.33%
5 days0.001.80%0.00+1.38%
22 days0.004.72%0.00-0.26%
66 days0.007.67%0.00-0.36%
Trend 0%0.00 - 0.00
Moving average2014-08-12
Long Term Trading Range2014-08-06
Rectangle2014-08-06
Short Term Trading Range2014-07-09
Rectangle2014-06-13
Double Top Pattern2014-06-13
Rectangle2013-10-18


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here www.investtech.com/disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

Titlex

OK