UK 100 (CBOE) (BUK100P.L)

Close: 816.33 (+3.79), Dec 24, 2024
Positive

Low risk

chart UK 100 (CBOE) (BUK100P) Candlesticks 22 Days
Candlesticks
chart UK 100 (CBOE) (BUK100P) Short term
Short term: Hold
chart UK 100 (CBOE) (BUK100P) Medium term
Medium term: Positive
chart UK 100 (CBOE) (BUK100P) Long term
Long term: Positive
chart UK 100 (CBOE) (BUK100P)
RSI - Relative Strength Index

Short term

UK 100 (CBOE) is within an approximate horizontal trend channel in the short term, which indicates further development in the same direction. The index has support at points 806 and resistance at points 820. The short term momentum of the index is strongly negative, with RSI below 30. This indicates increasing pessimism among investors and further decline for UK 100 (CBOE). However, particularly in big stocks, low RSI may be a sign that the stock is oversold and that there is a chance for a reaction upwards. The index is overall assessed as technically neutral for the short term.

Recommendation one to six weeks: Hold (Score: 0)

Medium term

UK 100 (CBOE) is in a rising trend channel in the medium long term. This shows that investors over time have bought the index at higher prices and indicates good development for the market. The index is moving within a rectangle formation between support at 809 and resistance at 840. A decisive break through one of these levels indicates the new direction for the index. The index has support at points 806 and resistance at points 840. The index is overall assessed as technically positive for the medium long term.

Recommendation one to six months: Positive (Score: 50)

Long term

UK 100 (CBOE) shows strong development within a rising trend channel in the long term. Rising trends indicate that the market experiences positive development and that buy interest among investors is increasing. The index is moving within a rectangle formation between support at 809 and resistance at 840. A decisive break through one of these levels indicates the new direction for the index. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the index has support at approximately 760 points. The RSI curve shows a falling trend, which is an early signal of a possible trend reversal downwards for the price as well. The index is overall assessed as technically positive for the long term.

Recommendation one to six quarters: Positive (Score: 96)


Overall analysis

UK 100 (CBOE) is technically neutral for the short term, but positive for the medium and long term.

Recommendation one to six months: Positive (Score: 69)

Period  
 Vol.bal. Volatility Liquidity +/- %
1 day-0.49%0.00+0.47%
5 days0.001.61%0.00-0.82%
22 days0.003.91%0.00-1.81%
66 days0.006.27%0.00-1.20%
 


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

×

Please login here

 
Forgot your password?

Titlex

OK
+

Cookie consent

We use cookies to give you a better user experience. If you continue to use the website, you accept this. For further details click here.

Our use of cookies

When you use our website, we store a cookie on your device. The cookie is used to recognize your device so that your settings work when you use our websites. The information that is stored is completely anonymised. Cookies are automatically deleted after a certain time.

Necessary cookies

Investtech uses cookies to ensure basic functions such as page navigation and language selection. Without such cookies, the website does not function as it should. You cannot therefore make a reservation against these. If you still want to disable such cookies you can do so in your browser settings. In the Cookies section add this website to the list of sites which are not allowed to save cookies on your device.

Cookies from Google

We use services from Google Analytics and Google AdWords. These register cookies on your device when you visit our website. Google registers your IP address in order to keep statistics on user activity on the website. The IP address is anonymised, so that we have no opportunity to link the activities to a specific person. We use these statistics to be able to offer more interesting content on the website and to constantly improve ourselves. Google AdWords collects data so that our advertising on other websites gives better results. We cannot trace the data of individuals.

Allow cookies from Google