
Europe - :$FTSE -
Taking everything into account, $FTSE scores 4 out of 10 in our technical rating. $FTSE has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
$FTSE has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
6,502.67
When analyzing the resistance we notice one important area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for $FTSE is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for $FTSE is down. |
| ChartMill Relative Strength | 57.53 | NEUTRAL | $FTSE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of $FTSE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of $FTSE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of $FTSE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.83 | NEUTRAL | The RSI value for $FTSE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -20.38 | NEGATIVE | The MACD value suggests $FTSE has a negative trend. |
| Average True Range in percent/ATR (20) | 1.26 | LOW VOLATILITY | The low ATR as a percentage value for $FTSE suggests low volalility. |
:$FTSE (3/17/2014, 5:18:35 PM)
6568.35
+40.46 (+0.62%)
ChartMill assigns a technical rating of 4 / 10 to $FTSE.
The current trend direction for FTSE 100 Index ($FTSE) is Bullish.
FTSE 100 Index ($FTSE) has an RSI value of 46.8309. This indicates that the stock is currently neutral.
The MACD indicator for FTSE 100 Index ($FTSE) has a value of -20.3756, indicating a bearish trend.
The short term momentum for FTSE 100 Index ($FTSE) is negative.