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 London - FTSE (FTSE.NDX) - Close: 6 545.27 (+79.27), Dec 19, 2014

Chart Technical Analysis London - FTSE (FTSE)

 Neutral (Score: -2)
-Overall analysis, Dec 19, 2014
Analysis Explanation
London - FTSE is technically neutral for the short term, negative for the medium term, and positive for the long term.

 Neutral (Score: 10)
-Short term
London - FTSE does not show any clear trend. Is moving within a rectangle formation between support at 6181 and resistance at 6705. A decisive break through one of these levels indicates the new direction for the index. The index has support at points 6450 and resistance at points 6750. The index is overall assessed as technically neutral for the short term.

 Negative Candidate (Score: -83)
-Medium term
London - FTSE is within an approximate horizontal trend, which indicates further development in the same direction. Has reacted back after a break of a rectangle formation. There is resistance around 6607, which now opens good sales opportunities. A decisive break of this resistance will neutralize the negative signal. The index is testing the resistance at points 6570. This should give a negative reaction, but an upward breakthough of points 6570 means a positive signal. The index is overall assessed as technically negative for the medium long term.

 Positive Candidate (Score: 70)
-Long term
London - FTSE is within a rising trend. Continued positive development within the trend channel is indicated. 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 is approaching the resistance at points 6800, which may give a negative reaction. The index is overall assessed as technically positive for the long term.

1 day-0.55%0.00+1.23%
5 days0.001.82%0.00+3.88%
22 days0.004.69%0.00-2.26%
66 days0.006.92%0.00-4.02%


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