| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇘ | ⇗ | ⇒ |
The UK100, which measures the 100 best performing shares from the London Stock Exchange, has declined by 3.24% since last week's trading sessions. The index tested the lower line of an ascending channel pattern at 6550.0 on February 22.
Currently, GBR.IDX/GBP is trading near the bottom border of the channel pattern and could be set for a breakout.
If the breakout occurs, a decline towards the 6400.00 level could be expected during the following trading sessions.
However, if the ascending channel pattern holds, buyers might pressure the 6800.00 area in the nearest future.