UK 100 (CBOE) (BUK100P.NDX)

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

Liquidity risk: Volatility risk:

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

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. RSI is below 30 after the falling prices of the past weeks. The index has strong negative momentum and further decline is indicated. 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

Medium term

Investors have paid higher prices over time to buy UK 100 (CBOE) and the index is in a rising trend channel in the medium 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. 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

Long term

Investors have paid higher prices over time to buy UK 100 (CBOE) and the index is in 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



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.

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