London - FTSE (FTSE.NDX) Close: 7 323.98 (-63.89), Aug 18, 2017

Chart Technical Analysis London - FTSE (FTSE)

rsi chart
 Weak Positive Candidate -Long term, Aug 18, 2017Analysis Explanation
London - FTSE has broken the floor of the rising trend, which indicates a weaker initial rising rate. 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 between the support at points 7100 and the resistance at points 7540. A definitive break through of one of these levels predicts the new direction. The index is overall assessed as technically slightly positive for the long term.

1 day-0.62%0.00-0.86%
5 days0.002.03%0.00+0.19%
22 days0.004.75%0.00-1.44%
66 days0.008.76%0.00-2.39%
Trend 22%7537.95 - 8526.19
Inverse Head and Shoulders 2016-06-30
Head and Shoulders Pattern2015-08-21


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