0R15 7793.0 0.1028% 0R1E 7575.0 -1.8782% 0M69 None None% 0R2V 184.5 6.0345% 0QYR 1387.5 0.7991% 0QYP 405.5 -0.7344% 0LCV 141.03 0.952% 0RUK None None% 0RYA 1733.01 -1.0839% 0RIH 165.3 0.3643% 0RIH 165.3 0.3643% 0R1O 186.6 9945.7604% 0R1O None None% 0QFP None None% 0M2Z 299.0593 0.5664% 0VSO None None% 0R1I None None% 0QZI 450.5 2.7366% 0QZ0 220.0 0.0% 0NZF None None%

UK Technical Analysis Report

FTSE All-Share Traded Lower, One LSE Listed Stocks to Gain Upside Momentum – GYM

Jan 16, 2024

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

Company Overview:  Gym Group PLC (LON: GYM) is a FTSE All-share Index listed leading United Kingdom based gym facilities company. It provides the lowest cost 24/7 Gym with 234 locations nationwide with mission to break down barriers to fitness for everyone and providing top-quality gyms and expert advice at affordable prices. This Report covers the Price Action, Technical Indicators Analysis along with the Target Levels, Stop Loss, Support Levels, Resistance Levels, and Recommendations on the stock.

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

Last week, the benchmark FTSE All-Share Index (.FTAS) started positively and later faced profit booking. The index made a low of 4140.73 during the week and settled at 4165.62, with a negative of ~0.73 percent for the week ending January 12, 2024. The recent week started with a mixed note but given a negative close at 4152.20 level.

On the technical front, the index is trading above a downward sloping trend line support level with a positive bias, indicating the possibility of further upward movement continuing. The RSI (14-period) is moving northward with a reading of 47.51, and the current market price (CMP) is below the 21-period SMA, can act as small resistance but 50-period SMA is below price, indicating a positive.

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