Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

FTSE 350 Oil. Gas and Coal Index

NMX601010.FGI•INDEX
$10701.56
$118.73(1.12%)
U.S. Market opens in 53h 15m

FTSE 350 Oil. Gas and Coal Index (NMX601010.FGI) Index: Technical Analysis & Trading Signals Today

Comprehensive technical indicators and trading signals for informed investment decisions

NMX601010.FGI Technical Analysis Summary

FTSE 350 Oil. Gas and Coal Index index currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 77.23)
Trend Strength:Very Strong (ADX: 49.48)
Volatility:Medium (ATR: 239.01)
Support/Resistance:$8905.07 – $10483.20 (Bollinger Bands)

Technical conditions suggest FTSE 350 Oil. Gas and Coal Index is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 77.23

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 92.01

Bearish
Overbought levels may trigger pullback.

Williams %R: -0.45

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 13.13

Strongly Bullish
Strong upside momentum.

Takeaway:FTSE 350 Oil. Gas and Coal Index shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 336.11

Bullish
Bullish, trend momentum is strengthening.

ADX: 49.48

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 239.01

Rising
Rising volatility, market activity increasing.

CCI (14): 165.29

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:FTSE 350 Oil. Gas and Coal Index shows overheated trend conditions, with risk of sharp pullback.

Support & Resistance indicators
Bollinger Bands
Upper Band
$10483.20
Middle Band (SMA 20)
$9694.13
Lower Band
$8905.07
Current Position
Above Upper Band

Takeaway:FTSE 350 Oil. Gas and Coal Index trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$10257.61
Middle Line (EMA 20)
$9779.59
Lower Channel
$9301.57
Squeeze Status
No Squeeze

Takeaway:FTSE 350 Oil. Gas and Coal Index trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume0.00
Money Flow Index50.00Neutral, balanced money flows with no clear signal.
Relative Vigor Index73.17Bullish, price momentum strongly favors buyers.

Overall Takeaway:NMX601010.FGI shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of FTSE 350 Oil. Gas and Coal Index, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:FTSE 350 Oil. Gas and Coal Index currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

Technical Analysis FAQ