FTSE 100: Down 1.31% to 10,670 — Bearish — Price Below Key MAs
MarketsFN Team
FTSE 100: Down 1.31% to 10,670 — Bearish — Price Below Key MAs
Published: September 09, 2026 · MarketsFN Team
| Index | Price | Change | RSI(14) | SMA-20 | 52W High | 52W Low |
|---|---|---|---|---|---|---|
| FTSE 100 | 10,670 | -1.31% | 43.6 | 10,793 | 10,908 | 9,894.20 |
The FTSE 100 is actively quoting at 10,670 (-1.31%), reflecting a decline driven by broader market concerns over economic growth and inflationary pressures. This drop signals a potential shift in investor sentiment, as the index moves further away from its previous close of 10,812, indicating a lack of confidence in maintaining upward momentum.
From a technical perspective, the index is currently below both the 20-day simple moving average (SMA-20) at 10,793 and the 50-day simple moving average (SMA-50) at 10,736, suggesting a bearish trend. The relative strength index (RSI) stands at 43.6, placing it in neutral territory, while the index remains close to its 52-week high of 10,908 and well above its 52-week low of 9,894.20.
Looking ahead, the FTSE 100 faces immediate resistance at the SMA-20 level of 10,793, while support is likely to be tested around the 10,652 level, which marks the lower end of today's trading range. A decisive move below this support could signal further downside risk.
Disclaimer
The content on MarketsFN.com is provided for educational and informational purposes only. It does not constitute financial advice or investment recommendations. All investments involve risks and past performance does not guarantee future results. You are solely responsible for your investment decisions.
