London - FTSE (FTSE.NDX) Close: 7 203.94 (-33.23), Apr 28, 2017

Chart Technical Analysis London - FTSE (FTSE)

rsi chart
 Weak Positive Candidate -Medium term, Apr 28, 2017Analysis Explanation
London - FTSE is in a rising trend and a continued rise within this trend may be expected. In addition, the price has now fallen back towards the floor of the trend channel, which should give a reaction up. Has met the objective at 7130 after the break of a head and shoulders formation. The price has now risen again, but the formation indicates a further fall. The index is between the support at points 7100 and the resistance at points 7430. A definitive break through of one of these levels predicts the new direction. The index is overall assessed as technically slightly positive for the medium long term.

1 day-0.70%0.00-0.46%
5 days0.002.35%0.00+1.26%
22 days0.005.72%0.00-1.23%
66 days0.0010.86%0.00+0.75%
Trend 22%7080.09 - 8008.29
Head and Shoulders Pattern2017-04-18
Short Term Trading Range2017-03-27
Moving average2016-12-28
Double Bottom Pattern2016-12-07
Long Term Trading Range2016-06-23


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