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 London - FTSE (FTSE.NDX) - Close: 7 031.72 (+18.25), May 22, 2015

Chart Technical Analysis London - FTSE (FTSE)

 Positive Candidate (Score: 76)
-Overall analysis, May 22, 2015
Analysis Explanation
London - FTSE is technically positive for the short, medium, as well as the long term.

 Weak Positive Candidate (Score: 50)
-Short term
London - FTSE is within a rising trend. Continued positive development within the trend channel is indicated. The index has support at points 6900. The RSI curve shows a rising trend, which supports the positive trend. The index is overall assessed as technically slightly positive for the short term.

 Weak Positive Candidate (Score: 31)
-Medium term
London - FTSE does not show any clear trend. 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 support at points 6880. The index is overall assessed as technically slightly positive for the medium long term.

 Positive Candidate (Score: 94)
-Long term
London - FTSE is within a rising trend, which indicates a continued growth. It also gave positive signal from a rectangle formation at the break up through the resistance at 6023. Further rise to 7259 or more is signaled. The index has broken up through the resistance at points 6870. This predicts a further rise. In case of negative reactions, there will now be support at points 6870. The index is overall assessed as technically positive for the long term.

1 day-0.55%0.00+0.26%
5 days0.001.86%0.00+1.02%
22 days0.004.79%0.00-0.44%
66 days0.007.75%0.00+2.55%

 


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