FTSE:
Current live price: 10262.26 (percentage change from previous: +0.34%).
Support and Resistance Levels
Current support levels are 10123.52, 10097.76, and 10055.01. Resistance levels are 10192.03, 10234.78, and 10260.54. The pivot point is 10166.27.
Indicators
RSI = 62.48 (rising from previous values), ATR = 203.3177, ADX = 39.61703 (indicating a strong trend). The 50-day SMA is 10161.524, and the 200-day EMA is 9618.34027. The Parabolic SAR is currently at 7041.82191.
Market Sentiment
The current price is above the pivot point of 10166.27, indicating a bullish trend supported by RSI, ADX, and upward price movements.
FTSE Signals & Technical Analysis
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The FTSE 100 is an index of the top 100 companies listed on the London Stock Exchange. It is a weighted average index, based on market capitalization. Pronounced “footsie,” the FTSE is comprised of established blue chip companies from various industries including energy, construction, and pharmaceuticals. FTSE valuations are an indicator of the U.K.’s aggregate economic prowess and are influenced by corporate earnings, foreign trade levels, and the political environment.