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0R15 None None% 0R1E 7997.0107 0.6673% 0M69 19112.8301 51.8096% 0R2V 232.5 0.8677% 0QYR 1279.9777 -2.0832% 0QYP 417.5 0.4813% 0RUK 2639.0 -9.6851% 0RYA 1428.0 0.0% 0RIH 165.15 0.0% 0RIH 164.22 -0.5631% 0R1O 187.25 9967.2043% 0R1O None None% 0QFP 11104.6602 120.3306% 0M2Z 267.35 0.6589% 0VSO 32.08 -9.9003% 0R1I None None% 0QZI 576.0 0.0% 0QZ0 220.0 0.0% 0NZF None None% 0YXG 184.1 4.0672%

UK Technical Analysis Report

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

Oct 08, 2024

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

Company Overview: Moonpig Group PLC (LON: MOON) is a FTSE 250 listed company operating an online platform for greeting cards and gifting. The company encompasses several brands, including moonpig, buyagift and red-letter days in the UK, and the greetz brand in the Netherlands.  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, despite the bullish move from the US equity markets. Notably, the index settled at 4527.24 with a loss of 0.62% for the week ending October 04, 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 rising, currently at 56.18, 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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