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 London - FTSE (FTSE.NDX) - Close: 6 319.91 (+35.39), Apr 27, 2016

Chart Technical Analysis London - FTSE (FTSE)

rsi chart
 Positive Candidate -Long term, Apr 27, 2016Analysis Explanation
London - FTSE is within a rising trend, which indicates a continued growth. Has reacted back after a break of a head and shoulders formation. There is resistance around 6325, which now opens good sales opportunities. A decisive break of this resistance will neutralize the negative signal. The index has broken up through the resistance at points 6200. This predicts a further rise. The index is overall assessed as technically positive for the long term.

1 day-0.85%0.00+0.56%
5 days0.002.79%0.00-1.41%
22 days0.006.67%0.00+3.50%
66 days0.0011.63%0.00+7.12%
Trend 2%5566.65 - 7381.69
Head and Shoulders Pattern2015-08-21
Double Bottom Pattern2015-01-22
Rectangle2014-10-01

 


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