FTSE:
The current market price is 10574.74, representing a percentage change of +0.12% from the previous price.
Support and Resistance Levels
Support levels are 10548.90, 10505.07, and 10476.90, while resistance levels are 10620.90, 10649.07, and 10692.90. The pivot point stands at 10577.07.
Indicators
Current RSI is 57.83 (rising), ATR stands at 34.19, ADX at 20.69, Parabolic SAR is at 10504.93. The 50-day SMA is 10526.44 and the 200-day EMA is 10512.35.
Market Sentiment
As the current price is below the pivot point (10577.07), the market may face bearish pressure despite a supportive ATR and rising RSI.
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.