0R15 7941.0 -0.9233% 0R1E 7597.0 3.5437% 0M69 None None% 0R2V 182.6 3.0183% 0QYR 1369.0 -0.9407% 0QYP 409.9595 -0.4953% 0LCV 141.835 -0.3268% 0RUK None None% 0RYA 1604.0 -3.3153% 0RIH 170.0 -1.0477% 0RIH 169.0619 -0.5518% 0R1O 192.5 10152.996% 0R1O None None% 0QFP None None% 0M2Z 304.7 0.7273% 0VSO None None% 0R1I None None% 0QZI 472.0 0.6397% 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 – VCT

Jan 23, 2024

VCT
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (GBX)

Company Overview:  Victrex Plc (LON: VCT) is a FTSE 250 Index listed United Kingdom-based holding company produce high-performance polymers. The Company develops PEEK and PAEK polymer solutions and supply semi-finished and finished parts for Industrial and Medical use. Industrial segment focuses on its energy and industrial, value-added resellers, automotive, aerospace, and electronics markets. 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 with a negative and witnessed profit booking. The index made a low of 4049.53 during the week and settled lower at 4079.87, with a negative of ~2.06 percent for the week ending January 19, 2024. The recent week started on a positive note and yesterday closed at 4098.31 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 41.04, and the current market price (CMP) is below the 21-period SMA and 50-period SMA and can act as small resistance.

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