Mid-cap index FTSE 250 trade below its 5-day, 10-day, 20-day and 50-day moving average

  • Nov 13, 2019 GMT
  • Team Kalkine
  • On Wednesday (November 13), the benchmark mid-cap index of the UK, the FTSE 250 index traded below its 5-day, 10-day, 20-day and 50-day simple moving averages. As Index slumped 166.3 points or 0.81% to 20,261.08.
  • Also, the Moving Average Convergence Divergence fell, with the difference between 12-day EMA and 26-day EMA turning negative.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

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