European Indices TA — Tuesday, 13 October 2026

The Euro Stoxx 50 trades at 6,202, up marginally by 0.01%, as the index remains under pressure with an RSI-14 of 34 indicating oversold conditions. The price sits below key SMAs (20d at 6,252, 50d at 6,360), reinforcing bearish near-term momentum, though the 200d SMA at 6,094 offers underlying support. Resistance levels at 6,369 (R1) and 6,538 (R2) cap upside, while supports at 6,188 (S1) and 5,975 (S2) may stabilize declines. Multiple double-top patterns (72%, 57%, 50% confidence) suggest bearish reversal risks. Descending trendlines confirm the downtrend, with 20d resistance at 6,302. A break below S1 could accelerate selling toward S2.

The DAX 40 trades at 25,317 (+0.16%), hovering near the SMA20 (25,312) but below the SMA50 (25,767), suggesting near-term consolidation within a broader downtrend. The RSI-14 at 41 reflects neutral-to-weak momentum. Multiple bearish double-top patterns (92%, 83%, 58% confidence) indicate potential downside pressure, reinforced by descending trendline resistance at 25,392 (20d) and 25,342 (50d). Immediate resistance is at R1 (25,497), while support lies at S1 (24,719). A break below the SMA20 could accelerate a retest of S1, whereas reclaiming the SMA50 may shift sentiment. The index remains range-bound between descending trendlines and key moving averages, with bearish patterns warranting caution.

The CAC 40 trades at 7,870, up 0.48%, but remains below key moving averages (SMA20 at 7,974, SMA50 at 8,247, SMA200 at 8,227), reflecting persistent bearish pressure. The RSI-14 at 39 suggests mild oversold conditions but lacks strong bullish momentum. Resistance levels at 7,984 (R1) and 8,266 (R2) cap upside, while supports at 7,854 (S1) and 7,732 (S2) offer near-term floors. The index shows multiple bearish double-top patterns, with the highest confidence (95%) signaling potential downside. Descending trendlines reinforce the downtrend, with 20-day resistance at 7,878 and 50-day resistance at 7,963. A break below S1 could accelerate declines toward S2, while reclaiming SMA20 is needed to shift sentiment.

The FTSE 100 trades at 10,757, up 0.94%, with the RSI-14 at 53 indicating neutral momentum. The index remains above all key SMAs (20d: 10,621; 50d: 10,723; 200d: 10,480), suggesting underlying support. However, multiple bearish Double Top patterns (93%, 82%, 56% confidence) signal potential downside risk. Immediate resistance lies at R1 10,916, while supports are at S1 10,653, S2 10,374, and S3 10,115. Descending trendlines on 20d and 50d charts converge near 10,758, reinforcing resistance. A break above 10,758 could invalidate bearish patterns, but failure may trigger a retest of lower supports. The mixed technical picture warrants caution despite the bullish SMA alignment.

The IBEX 35 trades at 19,367 (+0.42%), showing mild bullish momentum but remaining below key SMAs (20d: 19,424; 50d: 19,749), indicating near-term resistance. The RSI-14 at 44 suggests neutral conditions with slight bearish bias. A cluster of Double Top patterns (50-95% confidence) signals potential downside, reinforced by descending trendline resistance at 19,404 (20d) and 19,725 (50d). Immediate resistance sits at R1 (19,575), while support levels at S1 (19,157) and S2 (18,015) may cushion declines. The index remains above the rising SMA200 (18,588), preserving the broader uptrend, but short-term weakness persists unless it reclaims the 20d SMA. Watch for a break below S1 to confirm bearish patterns.

The FTSE MIB trades at 50,139, up 0.21%, but remains below key SMAs (20d: 51,135; 50d: 52,078), signaling short-term bearish pressure. The RSI-14 at 29 indicates oversold conditions, though the index faces resistance at 50,454 (R1). A confirmed Double Top pattern (94% confidence) reinforces downside risks, with further support at 45,246 (S1). The 200d SMA at 49,151 provides a critical floor. Descending trendlines highlight weakening momentum, with 20d resistance at 51,034 and 50d resistance at 51,708. A break below 48,637 (20d support) could accelerate declines, while reclaiming 50,454 may ease bearish pressure. The technical setup favors caution unless key resistance levels are breached.

The AEX Amsterdam trades at 1,135, marginally lower (-0.02%), with the RSI-14 at 52 indicating neutral momentum. The index remains above key SMAs (20d:1,115; 50d:1,111; 200d:1,047), reinforcing a bullish medium-term structure. However, three double top patterns—two with 95% confidence and one weaker at 50%—suggest potential bearish pressure near-term. Immediate resistance is seen at the ascending 20-day trendline (1,146), while support holds at 1,092 (S1) and the rising 20-day trendline (1,104). A break below 1,104 could test the descending 50-day support (1,086). The convergence of bearish patterns and mixed trendlines warrants caution despite the broader uptrend.