Technical moving favourably for FTSE 100, with 14-day RSI and MACD supporting the prevailing trend

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Technical moving favourably for FTSE 100, with 14-day RSI and MACD supporting the prevailing trend

  • On Wednesday (November 06), the 14-day Relative Strength Index of the FTSE 100 trending up, hovered in a neutral zone, strengthening the prevailing trend. The Moving Average Convergence Divergence is rising, with the difference between 12-day EMA and 26-day EMA is positive and the signal lien moving above the 9-day EMA, respectively.

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