(Last Updated November 26, 2020)
Hello! This is the news page for FTSE 100. Below you’ll find our daily market updates. Here’s a technical analysis summary of where things currently stand:
If we observe the 30 and 14 day timeframes, we see an uptrend in place for UKX.
The moving averages on UKX summarize its price action in an interesting way. Out of the moving averages we’re monitoring (20, 50, 100, and 200 days), all but the 200 are bullish, suggesting the trend is generally upward, save for a fall that occurred about 6 months ago.
Below is a chart showing UKX’s price with its moving averages.
At the moment, UKX’s price is up $39.64 (0.62%) from the week prior. It’s been a feast for bulls operating on the weekly timeframe, as UKX has now gone up 4 of the past 5 weeks. If you’re a trader with a preference for rangebound markets, you may wish to note that there isn’t a clear trend on the 5, 10 and 20 week timeframes. Looking further out, the moving averages on the weekly timeframe suggest a bullishness in price, as the 20 and 50 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. The weekly chart below shows UKX’s price action over the past year.
Price action traders in particular will want to note that the 90 day period appears to show price forming a base; this could indicate that a support/resistance level is developing.
Savings and mortgages – there is no direct link between the stock market and your mortgage or savings accounts.
Relative to other instruments in the equity indices asset class, ftse 100 ranked 13th since yesterday in terms of percentage price change.
From a hourly perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 hour timeframes.
From a hourly perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 hour timeframes.
Price action traders may also wish to note that we see a pin bar candlestick pattern on ukx.
Metro shipping in birmingham, which moves goods for ftse 100 firms, is hiring staff in india to do the work.
The markets hope that a vaccine will help the economy return to something close to normal….
Price action traders may also wish to note that we see a doji candlestick pattern on ukx.
Price action traders in particular will want to note that the 30 day period appears to show price forming a base; this could indicate that a support/resistance level is developing.