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 London - FTSE (FTSE.NDX) - Close: 6 703.00 (+28.26), Apr 24, 2014

Chart Technical Analysis London - FTSE (FTSE)

 Positive Candidate -Long term, Apr 24, 2014Analysis Explanation
London - FTSE is within a rising trend and continued advance within the current trend is indicated. On reactions back, there is support against the floor of the trend channel. Is moving within a rectangle formation between support at 6554 and resistance at 6919. A decisive break through one of these levels indicates the new direction for the index. The index has support at points 6000. The RSI curve shows a rising trend, which supports the positive trend. The index is overall assessed as technically positive for the long term.

1 day-0.56%0.00+0.42%
5 days0.001.85%0.00+2.47%
22 days0.005.03%0.00+2.22%
66 days0.008.93%0.00-1.96%
Trend 9%6270.96 - 7453.48
Double Top Pattern2011-08-03
Inverse Head and Shoulders 2009-07-21


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