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 London - FTSE (FTSE.NDX) - Close: 6 855.02 (-40.31), Mar 27, 2015

Chart Technical Analysis London - FTSE (FTSE)

 Positive Candidate (Score: 72)
-Overall analysis, Mar 27, 2015
Analysis Explanation
London - FTSE is technically positive for the short and long term, and neutral for the medium term.

 Positive Candidate (Score: 64)
-Short term
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. The index has support at points 6750 and resistance at points 6960. The index is assessed as technically positive for the short term.

 Neutral (Score: -0)
-Medium term
London - FTSE is in an approximate horizontal trend and a continued development within this trend may be expected. The price has now risen up towards the ceiling of the trend channel, which should give a reaction down. Has given positive signal from a double bottom formation by a break up through the resistance at 6751. Further rise to 7313 or more is signaled. The index has marginally broken down through the support at points 6870. An established break predicts a further decline. The index is overall assessed as technically neutral for the medium long term.

 Positive Candidate (Score: 95)
-Long term
London - FTSE is within a rising trend, which indicates a continued growth. It also gave positive signal from a double bottom formation at the break up through the resistance at 6751. Further rise to 7313 or more is signaled. The index is testing the support at points 6840. This should give a positive reaction, but a downward breakthrough of points 6840 means a negative signal. The index is overall assessed as technically positive for the long term.

1 day-0.53%0.00-0.58%
5 days0.001.82%0.00-2.39%
22 days0.004.83%0.00-1.16%
66 days0.007.59%0.00+4.23%

 


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