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 London - FTSE (FTSE.NDX) - Close: 6 696.28 (+27.41), Jul 31, 2015

Chart Technical Analysis London - FTSE (FTSE)

 Weak Positive Candidate -Long term, Jul 31, 2015Analysis Explanation
London - FTSE has fallen back towards the floor of the rising trend channel. A continued rise may be expected and the current price level may be a good entry price. The index is approaching the resistance at points 6870, which may give a negative reaction. The index is assessed as technically slightly positive for the long term.

1 day-0.58%0.00+0.41%
5 days0.002.01%0.00+1.77%
22 days0.004.88%0.00+1.33%
66 days0.007.99%0.00-4.75%
Trend 7%6456.78 - 8427.67
Double Bottom Pattern2015-01-22
Rectangle2014-10-01
Rectangle2013-01-02
Double Top Pattern2011-08-03

 


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