FTSE 100 (UKX) 2 Day Down Streak Snapped

The Hourly View for UKX

Last Updated April 22, 2021, 03:018 GMT

At the time of this writing, FTSE 100’s price is up 10.49 (0.15%) from the hour prior. This is the 2nd straight hour FTSE 100 has seen its price head up. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

FTSE 100 Daily Price Recap

FTSE 100 entered today at 6895.29, up 0.52% ($35.42) from the day prior. Out of the 14 instruments in the equity indices asset class, FTSE 100 ended up ranking 8th for the day in terms of price change relative to the day prior. The daily price chart of FTSE 100 below illustrates.

UKX

FTSE 100 Technical Analysis

The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 14 days FTSE 100’s price has gone up 9 them.