The Hourly View for UKX
Last Updated June 17, 2021, 10:18 GMT
Currently, FTSE 100’s price is down -7.49 (-0.1%) from the hour prior. This is the 2nd straight hour FTSE 100 has seen its price head down. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
FTSE 100 Daily Price Recap
FTSE 100 came into today up 0.17% (12.47) from the open of the day prior, marking the 5th consecutive day an upward move has occurred. Out of the 14 instruments in the equity indices asset class, FTSE 100 ended up ranking 3rd for the day in terms of price change relative to the day prior. Below is a daily price chart of FTSE 100.
FTSE 100 Technical Analysis
The clearest trend exists on the 14 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 11 them.