LON:SPX - London Exchange - GB00BWFGQN14 - Common Stock - Currency: GBX
Taking everything into account, SPX scores 7 out of 10 in our technical rating. SPX has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although SPX has an excellent technical rating, it does not present a decent entry opportunity 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.
5,819.92
4 important support areas can be observed.
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 | NEUTRAL | NEUTRAL | The long term trend for SPX.L is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPX.L is up. |
ChartMill Relative Strength | 63.95 | NEUTRAL | SPX.L is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPX.L is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPX.L is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPX.L is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 77.87 | OVERBOUGHT | The high RSI value suggests SPX.L may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 97.3 | POSITIVE | The MACD value suggests SPX.L has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 96.59 | OVERBOUGHT | The high Stochastics value suggests SPX.L may be overbought. |
Average True Range in percent/ATR (20) | 2.5 | MEDIUM VOLATILITY | The ATR as a percentage value for SPX.L suggests some volalility. |
Average Directional Index/ADX (14) | 28.31 | POSITIVE | The high ADX value value for SPX.L suggests a strong trend. |
LON:SPX (8/21/2025, 2:40:53 PM)
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+25 (+0.35%)