| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇘ |
The UK100, which measures the best 100 performing shares from the London Stock Exchange, has declined by 4.00% since October 9. The index breached the 50-, 100– and 200– period SMAs during this period.
Technical indicators suggest selling signals on the 4H, daily and weekly time-frame charts. Most likely, the UK100 could continue to edge lower during the following trading sessions.
However, the weekly support level at 5773.38 could provide support for the GBR.IDX/GBP pair within this week's trading sessions.