London - FTSE (FTSE.NDX) Close: 7 203.94 (-33.23), Apr 28, 2017

Chart Technical Analysis London - FTSE (FTSE)

rsi chart
 Positive Candidate -Long term, Apr 28, 2017Analysis 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. Has met the objective at 7425 after a break of a inverse head and shoulders formation. The price has now fallen, but the formation indicates further rise. The index is approaching the support at points 7100, which may give a positive reaction. The index is overall assessed as technically positive for the long term.

1 day-0.70%0.00-0.46%
5 days0.002.35%0.00+1.26%
22 days0.005.72%0.00-1.23%
66 days0.0010.86%0.00+0.75%
Trend 22%7080.09 - 8008.29
Inverse Head and Shoulders 2016-06-30
Head and Shoulders Pattern2015-08-21


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