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 – JD

Jan 09, 2024

JD:LSE
Investment Type
Mid - Cap
Risk Level
Action
Rec. Price (GBX)

Company Overview: JD SPORTS FASHION PLC (LON: JD) is a FTSE 100 Index listed leading global omnichannel retailer of Sports Fashion and Outdoor brands. The Group now has over 3,400 stores across 38 territories with a strong presence in the UK, Europe, North America and Asia Pacific. 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 traded with a small negative after the holidays. The index made a low of 4171.34 during the week and settled at 4196.35, with a negative of ~0.84 percent for the week ending January 05, 2024. The recent week started with a positive note but given a negative close at 4196.35 level.  

On the technical front, the index is trading above an upward 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 56.67, and the current market price (CMP) is also abovethe 21-period SMA and 50-period SMA indicating a positive bias. 

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