0R15 8520.0 0.0% 0R1E 8203.0 0.0% 0M69 21090.0 67.5139% 0R2V 226.02 9878.8079% 0QYR None None% 0QYP 412.97 -2.8306% 0RUK 2652.0 -9.2402% 0RYA 1554.0 -0.7029% 0RIH 174.55 -1.3563% 0RIH 165.15 -5.3853% 0R1O 198.5 9800.2494% 0R1O None None% 0QFP None None% 0M2Z 267.777 -0.1763% 0VSO 32.05 -9.9846% 0R1I None None% 0QZI 559.0 0.7207% 0QZ0 220.0 0.0% 0NZF None None% 0YXG 165.7358 2.7149%

UK Technical Analysis Report

FTSE All-Share Traded Negative, One LSE Listed Stock to Gain Upside Momentum – EQLS

Nov 05, 2024

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

Company Overview: Equals Group PLC (LON: EQLS) is a United Kingdom-based fintech payments company focused on the enterprise and SME marketplaces. It develops and sells scalable payment platforms to enable organizations to manage their money flows through its payment and card products. This Report covers the Price Action and 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 FTSE All-Share Index (.FTAS) settled on a negative note, following the bearish move from the US equity markets. Notably, the index settled at 4465.61 with a loss of 0.97% for the week ending November 01, 2024. The recent move in the domestic indices is majorly led by the bearish indications from the global equity markets.

From a technical perspective, the index maintains a bullish trend, trading above a key ascending trend line and a significant horizontal support level. This positioning indicates a strong possibility of further upward movement. The 14-period RSI (Relative Strength Index) is also holding bullish momentum, currently at 49.49, which supports the bullish sentiment. Furthermore, with the current market price (CMP) above the 50-period SMA, these levels will likely serve as crucial support zones, enhancing the overall positive outlook.

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