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UK Technical Analysis Report

FTSE All-Share Traded is Trading Above 50- Period SMA: Two LSE Listed Stocks Gaining Upside Momentum –RPI & HEX

Mar 24, 2026

  • RPI:LSE
  • Investment Type
    Small-Cap
  • Risk Level
  • Action
  • Rec. Price (GBX)
  • HEX:LSE
  • Investment Type
    Small-Cap
  • Risk Level
  • Action
  • Rec. Price (GBX)

Company Overview: Raspberry Pi Holdings PLC (LON: RPI) is a designer and developer of single board computers (SBCs) and compute modules for industrial Internet of Things (IoT) customers and embedded uses. The company’s product portfolio comprises of SBCs, compute modules, accessories, and semiconductors. Helix Exploration PLC (LON: HEX), a helium exploration company, engages in the development and exploitation of small-scale gas leases in Montana, North America. It holds interests in the Rudyard project and the Ingomar Dome project. This Report covers the Price Action and Technical Indicators Analysis along with the Target Levels, Stop Loss, Support Levels, Resistance Levels, and Recommendations on these two stocks.

FTSE All-Share Index (.FTAS) Market Round-Up

Last week, the FTSE All-Share Index (.FTAS) closed at 5,312.34, declining 3.34% for the week ended March 20th, 2026. Sentiment remained cautious amid weakness in U.S. equities, which pressured global markets. However, British equities showed relative resilience, with selective participation supporting the index. Overall, the market reflected stability within a consolidation phase, with global cues influencing direction while domestic strength helped limit deeper downside.

From a technical perspective, the index continues to reflect a positive and resilient technical structure, holding firmly above its rising trendline support despite a recent pullback from higher levels. Prices remain comfortably above the 50-period Simple Moving Average, reinforcing the strength of the broader uptrend, while the slight dip below the 21-period average indicates a temporary consolidation. The 14-period RSI near 47.70 suggests momentum has normalised, providing room for potential upside. Overall, the setup remains constructive, with scope for gradual recovery and continuation of the upward trend from key support levels.

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