FTSE:
The current live price is 10571.98, with a percentage change of +1.07% from the previous price.
Support and Resistance Levels
The current support levels are 10537.23, 10530.48, 10522.72, and the resistance levels are 10551.74, 10559.5, 10566.25. The pivot point is at 10544.99.
Indicators
The current RSI is 54.67, with a trend that has been falling. ATR stands at 1157.61, while ADX is at 70.19, indicating a strong trend. The Parabolic SAR is currently at 6589.86, and the 50-day SMA is 10283.80. The latest MACD shows a value of 7.26, indicating potential bullish momentum.
Market Sentiment
Being above the pivot point of 10544.99, with rising indicators, suggests a bullish scenario.
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.