FTSE 100: Down 0.19% to 10,616 β Bearish β Price Below Key MAs
MarketsFN Team

FTSE 100: Down 0.19% to 10,616 β Bearish β Price Below Key MAs
Published: September 30, 2026 Β· MarketsFN Team
| Index | Price | Change | RSI(14) | SMA-20 | 52W High | 52W Low |
|---|---|---|---|---|---|---|
| FTSE 100 | 10,616 | -0.19% | 50.5 | 10,711 | 10,908 | 10,128 |
The FTSE 100 is actively quoting at 10,616 (-0.19%) as market participants digest mixed economic signals and geopolitical tensions that have led to a slight pullback from the previous close of 10,637. This minor decline suggests a cautious sentiment among investors, particularly as the index remains below key moving averages, indicating potential resistance ahead.
From a technical perspective, the FTSE 100 is currently trading below both the 20-day simple moving average (SMA-20) at 10,711 and the 50-day simple moving average (SMA-50) at 10,772, which reinforces the bearish outlook. The relative strength index (RSI) stands at 50.5, placing the index in neutral territory, while it remains within the 52-week range of 10,128 to 10,908, indicating a lack of strong momentum in either direction.
Looking ahead, the FTSE 100 faces immediate resistance at the SMA-50 level of 10,772, while support is likely to be tested at the 52-week low of 10,128. A decisive move above the SMA-50 could signal a shift in sentiment, while a drop below the 52-week low would confirm further weakness.
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