London - FTSE (FTSE.NDX) - Close: 7 020.47 (-6.43), Oct 21, 2016

Chart Technical Analysis London - FTSE (FTSE)

rsi chart
 Positive Candidate -Long term, Oct 21, 2016Analysis Explanation
London - FTSE is within a rising trend, which indicates a continued growth. Has given positive signal from a inverse head and shoulders formation by a break up through the resistance at 6397. Further rise to 7425 or more is signaled. The index is between the support at points 6860 and the resistance at points 7100. A definitive break through of one of these levels predicts the new direction. The index is overall assessed as technically positive for the long term.

1 day-0.85%0.00-0.09%
5 days0.002.80%0.00+0.10%
22 days0.006.73%0.00+2.72%
66 days0.0012.93%0.00+4.33%
Trend 2%5638.06 - 7476.39
Inverse Head and Shoulders 2016-06-30
Head and Shoulders Pattern2015-08-21


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