| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇗ | ⇒ |
The UK100, which compiles the top 100 capitalized UK companies listed on the London Stock Exchange, has edged higher by 2.27% since October 12. The FTSE 100 breached the resistance level at 7243.06 this week.
Technical indicators suggest buying signals on the 4H and daily time-frame charts. Most likely, the index could continue to trend higher in an ascending channel pattern within the following trading sessions.
However, buyers could still encounter resistance at 7243.06 within this week's trading sessions.