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 London - FTSE (FTSE.NDX) - Close: 7 103.98 (+33.28), Apr 27, 2015

Chart Technical Analysis London - FTSE (FTSE)

 Positive Candidate (Score: 87)
-Overall analysis, Apr 27, 2015
Analysis Explanation
London - FTSE is technically positive for the short, medium, as well as the long term.

 Positive Candidate (Score: 78)
-Short term
London - FTSE is in a rising trend and a continued rise within this trend may be expected. However, the price is now close to the ceiling of the trend channel, which may give a reaction down. The index has broken up through the resistance at points 7040. This predicts a further rise. The index is assessed as technically positive for the short term.

 Positive Candidate (Score: 75)
-Medium term
London - FTSE has broken up from an approximate horizontal trend. This signals a continued strong development, and the index now meets support on possible reactions down towards the ceiling of the trend channel. 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 has support at points 6880. The index is overall assessed as technically positive for the medium long term.

 Positive Candidate (Score: 79)
-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 has support at points 6820. The index is overall assessed as technically positive for the long term.

1 day-0.54%0.00+0.47%
5 days0.001.88%0.00+0.74%
22 days0.004.83%0.00+1.20%
66 days0.007.77%0.00+5.59%

 


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