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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 – WEIR & RFX

Jun 16, 2026

  • WEIR:LSE
  • Investment Type
    Mid - Cap
  • Risk Level
  • Action
  • Rec. Price (GBX)
  • RFX:LSE
  • Investment Type
    Small-Cap
  • Risk Level
  • Action
  • Rec. Price (GBX)

Company Overview: The Weir Group PLC (LON: WEIR) is a United Kingdom-based global mining technology company. The Company provides processing equipment, wear parts and equipment attachments. Its segments include Minerals and ESCO. The Minerals segment includes engineering, manufacturing and service processing technology used in abrasive, high-wear mining applications. Ramsdens Holdings PLC (LON: RFX) is a United Kingdom-based diversified financial services provider and retailer. The Company operates through four segments: Foreign Currency, Purchase of Precious Metals, Pawnbroking, and Retail of Jewelry & Watches. 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

The FTSE All-Share Index closed at 5,630.91, gaining 1.02% for the week ended 12th June, 2026. Sentiment remained cautious despite a broadly positive backdrop, with global equity markets also finishing the week in positive territory. UK stocks demonstrated resilience but continued to trail several major international peers, while subdued investor confidence kept near-term upside potential measured.

From a technical perspective, The FTSE All-Share Index closed at 5,612.60, declining 0.33% over the latest period, reflecting a modest pause following its recent advance. Despite the pullback, the index remains comfortably above its 21-week moving average at 5,574.63 and 50-week moving average at 5,320.54, highlighting the strength of the broader uptrend. The 14-week RSI stands at 56.52, indicating neutral-to-positive momentum with no immediate signs of overbought conditions. While global equity markets continued to trade in positive territory, UK equities remained relatively subdued. The current price action suggests consolidation near recent highs, with a sustained move above resistance levels likely required to support further upside in the near term.

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