FTSE 100 Daily Technical Analysis & Setups

Friday 29 May 2026
Data: Close 28 May | UKX: 10,425.96 (-0.75%) | Futures: not verified at run time



MARKET OVERVIEW

FTSE 100 closed at 10,425.96, down 79.05 pts (-0.75%), snapping an 8-session winning streak. Miners and utilities the drag; energy and defence (BAE, RR., Babcock) the bid. UK CPI cooled to 2.8% (prev 3.3%, exp 3.0%) - dovish for BoE. Unemployment ticked up to 5.0%, vacancies at five-year low. US PCE inflation today is the main external catalyst.

Futures note: Pre-market FTSE 100 futures level could not be reliably verified at run time. Confirm independently before the cash open - do not infer direction.



NOTABLE CHANGES (DAY-OVER-DAY)

BEARISH ABF - RSI dropped 10.4 pts (58.1 to 47.7), crossed BELOW EMA20, EMA50 and POC in one session, -2.83% on the day. Three-layer breakdown.

BEARISH RTO - RSI 29.7 (deeply oversold), MACD bear-widening, -1.82%. Trend continuing.

BEARISH PRU - RSI -5.8, crossed below POC, 4-day down streak, week -5.1%.

BEARISH INF - Crossed BELOW EMA20 and EMA50 in one session, RSI -5.6, -1.46%. Fresh breakdown.

BEARISH HLN - Crossed BELOW EMA20, RSI -5.3. Now Bear below all three EMAs.

BULLISH AAL - Heavy volume rv=1.83, 5-day up streak, week +5.21%, RSI 61.6 rising. Highest-conviction signal in the book.

BULLISH ANTO - 5-day up streak, week +6.93%, +2.17% on day, MACD widening from cross.

BULLISH AV. - Crossed ABOVE POC (626.20 vs 625.88) - early structural shift.



SECTOR HEATMAP

STRONG Mining - AAL +1.27% (heavy vol), ANTO +2.17%. Both Bull-above-all, RSI 60-62, 5-day streaks. Clear leadership.

STRONG UK Banks - LLOY, BARC, STAN, NWG all Bull-above-all. Mild profit-take yesterday but trend intact. STAN ADX 28.5.

MIXED Life Insurance - LGEN Bull-all (RSI 62.3, ADX 31.3 - strongest trend); AV. recovering above POC; PRU breaking down.

WEAK Utilities - SSE -1.40%, Bear 20/50, MACD bear, ADX 27.4 confirms downtrend.

WEAK Consumer Staples - TSCO Bear-all (RSI 34.3, week -5.84%); ABF fresh breakdown; IMB Bear-all. Decisively offered.

MIXED Telecoms / Media - VOD Bear 20/50 but RSI rising +2.2; WPP Bull 20/50, RSI 60.8, +1.16%.

WEAK Healthcare - HLN just broke below EMA20. Compare data also flags AZN, GSK, ULVR all "Crossed BELOW EMA20".

WEAK Business Services - RTO oversold (RSI 29.7), INF fresh breakdown, BNZL mixed.

Pattern: Cyclicals (miners, banks) holding; staples, utilities, services rolling over. Late-rally rotation.



DAILY SIGNALS TABLE

Bull above all - LLOY (RSI 56.8, MACD+) - BARC (60.5, MACD+) - STAN (62.3, ADX 28.5) - NWG (54.1, MACD+ today) - AAL (61.6, rv=1.83) - ANTO (60.7, 5-day streak) - LGEN (62.3, ADX 31.3)

Bull above 20/50 - WPP (60.8, +1.16%, recovery from deep base, 53.7% off 52w hi)

Mixed - AV. (above EMA20, below 50/200, RSI 50.3) - BNZL (above 50/200, below EMA20, RSI 46.3)

Bear below 20/50 - PRU (40.4, 4-day dn) - SSE (42.5, ADX 27.4) - VOD (45.2, RSI rising) - RTO (29.7 OVERSOLD)

Bear below all - HLN (47.1, new today) - TSCO (34.3) - SGE (41.3) - IMB (43.1) - ABF (47.7, fresh breakdown) - INF (49.6, broke 20/50 today)



SWING SETUP 1 - LONG ANTO (Antofagasta) - CONTINUING

Bull-above-all, MACD bull widening (gap 20.3), RSI 60.7, ADX 17, 5-day streak, week +6.93%. Sector leadership + accelerating momentum.

Entry: 4130-4180 zone or pullback to EMA20 4909 · Stop: 3902 · T1: 4275 (Cam R4) · T2: 4475 (52w hi) · R:R: 1:1.06 at current, 1:2.5 on pullback



SWING SETUP 2 - LONG AAL (Anglo American) - NEW conviction

Bull-above-all, heavy volume rv=1.83 (highest-conviction signal in the book), RSI 61.6, only 2.9% off 52w high (4118.50). Breaking out of 6-month base.

Entry: 3990-4012 or pullback to EMA20 3812 · Stop: 3776 · T1: 4118 (52w hi) · T2: 4178 (Pivot R3) · R:R: 1:0.8 at current, 1:2.3 on pullback



SWING SETUP 3 - LONG LGEN (Legal & General) - CONTINUING

ADX 31.3 - strongest trend in book. Bull-above-all, RSI 62.3, MACD bull-cross. Above POC 254.07. Approaching 52w high 285.80.

Entry: 268 (Cam S1) or pivot 274.70 · Stop: 257.45 · T1: 281 (Pivot R1) · T2: 285.80 (52w hi) · R:R: 1:1.25



SWING SETUP 4 - SHORT ABF (Assoc British Foods) - NEW breakdown

Triple breakdown today (EMA20, EMA50, POC), RSI -10.4 pts, big move -2.83%, ADX 31.7 confirming strong trend.

Entry: 1825-1840 bounce zone (Cam R3 1830.76) · Stop: 1851 (above EMA50) · T1: 1793 (Pivot S2) · T2: 1771.50 (Pivot S3) · R:R: 1:2.76



SWING SETUP 5 - LONG STAN (Standard Chartered) - CONTINUING

Bull-above-all, RSI 62.3, MACD bull, ADX 28.5, only 2.5% off 52w high (2012.52). Cleanest banks setup.

Entry: 1958 (Cam S1) or pivot 1962.50 · Stop: 1907 (Pivot S3) · T1: 2012 (52w hi) · T2: 2080 · R:R: 1:2.15



INTRADAY SETUPS

Intraday 1 - LONG ANTO - Cam R4 trend-day breakout
Trigger: Break and hold above Cam R4 4275 · Stop: 4228 · Target: 4299 then 4409 · Why: 5-day streak + MACD widening; Cam R4 break signals expansion.

Intraday 2 - LONG AAL - Cam R1 reclaim with heavy volume
Trigger: Reclaim Cam R1 4012 on the open · Stop: 3987 (Cam S1) · Target: 4045 then 4074 · Why: Heavy-volume close right at Cam R1, gap-and-go probable. Stand aside if opens below Cam S1.

Intraday 3 - SHORT ABF - Failed bounce at EMA50 / Cam R3
Trigger: Rejection at 1830-1840 · Stop: 1851 · Target: 1807 then 1793 · Why: Fresh breakdown retest. R:R works on any failed bounce in the 1825-1850 band.

Intraday 4 - LONG RTO - Mean-reversion only
Trigger: Reaction at Cam S3 449.64 with positive RSI divergence · Stop: 446.83 · Target: 454.47 then 457.56 · Why: RSI 29.7 oversold bounce - SCALP only, trend remains bearish.

Intraday 5 - LONG LGEN - Pivot reclaim
Trigger: Break and hold above Pivot 274.70 · Stop: 268 (Cam S1) · Target: 274.79 then 281.00 · Why: Best trend strength in book (ADX 31.3); low-risk continuation entry.



KEY LEVELS DASHBOARD - TOP 5

ANTO 4182 (Bull all)
Cam: S4 4089 - S3 4136 - S1 4167 || R1 4197 - R3 4228 - R4 4275
Pivot: S3 3903 - S1 4072 - P 4130 - R1 4241 - R3 4410
EMAs: 20=3909 - 50=3787 - 200=3240 | POC=3678 | 52w 4475 / 1676

AAL 4000 (Bull all, heavy vol)
Cam: S4 3926 - S3 3963 - S1 3988 || R1 4012 - R3 4037 - R4 4074
Pivot: S3 3777 - S1 3911 - P 3955 - R1 4045 - R3 4179
EMAs: 20=3812 - 50=3646 - 200=3198 | POC=3403 | 52w 4118 / 1987

LGEN 270.05 (Bull all, ADX 31.3)
Cam: S4 260.56 - S3 265.31 - S1 268.47 || R1 271.63 - R3 274.79 - R4 279.54
Pivot: S3 246.50 - S1 263.75 - P 274.70 - R1 281.00 - R3 298.25
EMAs: 20=262.63 - 50=259.07 - 200=253.65 | POC=254.07 | 52w 285.80 / 229.10

ABF 1821 (Bear all - FRESH breakdown)
Cam: S4 1801 - S3 1811 - S1 1818 || R1 1824 - R3 1831 - R4 1840
Pivot: S3 1771.50 - S1 1807 - P 1828.50 - R1 1842.50 - R3 1878
EMAs: 20=1830.92 - 50=1849.65 - 200=1968.02 | POC=1840.16 | 52w 2359 / 1559

STAN 1962 (Bull all)
Cam: S4 1942 - S3 1952 - S1 1959 || R1 1965 - R3 1972 - R4 1982
Pivot: S3 1907.50 - S1 1944 - P 1962.50 - R1 1980.50 - R3 2017
EMAs: 20=1895.93 - 50=1819.41 - 200=1640.76 | POC=1713.35 | 52w 2013 / 1116



BEARISH WARNINGS - prioritise FRESH breakdowns

ABF - NEW today. Crossed below EMA20, EMA50, POC in same session. RSI -10.4. Three-layer breakdown.
INF - NEW today. Crossed below EMA20 and EMA50. RSI -5.6.
HLN - NEW today. Crossed below EMA20, RSI -5.3. Now Bear below all.
PRU - Crossed below POC, 4-day down streak, RSI 40.4, week -5.1%.
RTO - RSI 29.7 deeply oversold. Bear 20/50, MACD widening - bounce risk but trend bearish.
TSCO - Bear-all, RSI 34.3, 4-day down streak, week -5.84%.
SGE - Bear-all, RSI 41.3, 36.6% off 52w high, week -4.92%.
IMB - Bear-all, MACD bear, no bounce yet.

Cross-channel from compare: ADM, BATS, NG., AZN, GSK, ULVR, LSEG, DGE also flagged bearish - tobacco, utilities, healthcare and exchanges weakening together.



EVENTS CALENDAR

- Friday 29 May: US PCE inflation - main external catalyst via USD and rate expectations.
- UK earnings: No major FTSE 100 reports landing this week.
- Ex-div note: Big quarterly batch (BP, ULVR, GSK) was 14 May. Upcoming: ADM, REL, GLEN, TSCO, KGF.
- Medium-term: ANTO interim 13 Aug 2026.



DATA NOTES

- Scanner covers 20 of 40 tracked names from latest payload (28 May). Compare data covers all 40 - cross-references used for sector heatmap and warnings (ADM, BATS, NG., BAE, AZN, ULVR, GSK, LSEG, CPG, DGE).
- All EMA classifications programmatically verified - close vs EMA20/50/200, strict comparison, no rounding.
- Data anomaly: LLOY weekly figure shows -98.98% in compare feed (corrupted close_start). Daily and intraday data are clean - ignore weekly number for LLOY only.
- Futures level not verified - confirm independently before trading the open.

Not financial advice. Always DYOR. Capital at risk.

Thursday 28 May 2026
Data: Close 27 May | UKX: ~10,505 (+0.13%) | Futures: ~10,508 (+0.16%)



MARKET OVERVIEW

Mildly positive open expected — front-month FTSE futures +0.16% over Wed's 10,505 close. BoE on hold at 3.75% (Apr MPC 8-1); UK CPI cooled to 2.8% YoY for April. Brent crude bouncing +2.13% to ~$96.30 today after a brutal May (-16% from highs) on Iran/Hormuz reopening news. ~69 RNS earnings releases scheduled today — heavy reporting day.

Tone is balanced. Bank/mining heavyweights (HSBA, RIO, BATS) carry the bull baton; oil majors (BP, SHEL) need confirmation before the Brent bounce can be trusted.



NOTABLE CHANGES (27 May vs 26 May)

BEARISH TSCO — Crossed BELOW EMA200, -3.3%, heavy vol (rv 1.5), RSI -7.4 to 34.8. Clean breakdown on conviction.

BEARISH NG — Crossed BELOW EMA20 AND EMA50, RSI zone Bull -> Bear, RSI -4.4.

BEARISH LSEG — Crossed BELOW EMA50 AND EMA200 in one session. Now BEAR all.

BEARISH SHEL — MACD bearish crossover on day 5 of down streak, RSI -6.0 to 39.1.

BULLISH ABF — RSI +9.6 pts, crossed ABOVE EMA20, EMA50 and POC, zone Bear -> Bull.

BULLISH ULVR — RSI +7.4 pts, crossed ABOVE EMA20, zone Bear -> Bull.

BULLISH RKT — RSI +6.1, crossed ABOVE EMA20 (still below EMA50/200 — early stage).

BEARISH BAE — Crossed BELOW EMA20, RSI -3.4. Pullback after a strong run.

Note: compare data shows LLOY week -98.98% — almost certainly a feed anomaly (split/divi adjustment). Ignore.



SECTOR HEATMAP

STRONG Banks — HSBA at 52w high, 5d up streak, RSI 64. STAN + BARC also on 5d up streaks.
STRONG Mining — RIO +3.7% week, ANTO +7.1% week (5d streak), GLEN near 52w high, AAL 5d up.
MIXED Defence — RR. strong (+5.87% week, RSI 60.4, bull-all). BAE pulling back (crossed below EMA20).
RECOVERING Pharma — AZN zone flip Bear -> Bull, GSK crossed above EMA20. Both still under EMA50.
RECOVERING Consumer Staples — ULVR, RKT crossed above EMA20. DGE +2.55% RSI 65.6 (near OB).
WEAK Oil — SHEL (5d down, MACD bear cross), BP (week -8.5%, RSI 35). Brent bounce gives relief setup.
WEAK Utilities — NG broke EMA20+EMA50, zone Bull -> Bear.
WEAK Financial Services — LSEG broke EMA50+EMA200 same day. REL 5d down. EXPN bear-all.



DAILY SIGNALS TABLE

BULL all (above EMA20/50/200)
- HSBA 1404 (+1.12%) · RSI 64.2 (+2.4) · MACD Bull · -0.9% from 52w hi · above POC 1274
- RIO 7914 (-0.19%) · RSI 59.5 · MACD Bull flat · -13.2% from hi · above POC 7091
- BATS 4778 (-0.75%) · RSI 60.1 · MACD Bull · -10.3% from hi · above POC, ADX 45
- RR. 1295.80 (+2.27%) · RSI 60.4 (+2.9) · MACD Bull cross (NEW) · -8.7% from hi · above POC 1224
- ADM 3402 (+1.25%) · RSI 55.5 (+3.1) · MACD Bull widening · -7.7% from hi · rv 1.19
- GLEN 575 (-2.03%) · RSI 53.8 (-6.4) · MACD flat · -3.8% from hi · above POC

BULL 20/50 (below EMA200)
- DGE 1616.75 (+2.55%) · RSI 65.6 (+5.4, near OB) · MACD Bull · -24.5% from hi · above POC

MIXED / RECOVERING
- AZN 14016 (+0.36%) · RSI 51.3 zone Bear->Bull · MACD improving · >EMA20 <EMA50 >EMA200 · below POC 14346
- GSK 1940.50 (+0.88%) · RSI 49.9 (+3.6) · Crossed ABOVE EMA20 · >EMA20 <EMA50 >EMA200
- ULVR 4329.56 (+2.05%) · RSI 52.6 (+7.4) zone Bear->Bull · Crossed ABOVE EMA20 · >EMA20 <EMA50 <EMA200
- RKT 4770 (+1.97%) · RSI 49.9 (+6.1) · Crossed ABOVE EMA20 · >EMA20 <EMA50 <EMA200
- CPG 3054 (-0.23%) · RSI 51.3 · MACD flat · <EMA20 >EMA50 >EMA200 · weak ADX 9.4

BEAR (below EMA20 and EMA50)
- SHEL 3123 (-2.30%) · RSI 39.1 (-6.0) · MACD Bear cross · >EMA200 · 5d down streak · below POC 3302
- BP 514.61 (-2.48%) · RSI 35.0 (-3.6) · MACD Bear · >EMA200 · below POC 549
- BAE 1964 (-1.48%) · RSI 44.6 (-3.4) · Crossed BELOW EMA20 today · >EMA200
- NG 1272 (-1.59%) · RSI 48.9 (-4.4) · Crossed BELOW EMA20+EMA50 today · >EMA200

BEAR all (below EMA20/50/200)
- III 2338 (+0.52%) · RSI 44.0 · MACD Bull cross (4d up streak — bottoming) · -48% from hi
- LSEG 9108 (-0.91%) · RSI 45.1 (-2.3) · Crossed BELOW EMA50+EMA200 today · -20.8% from hi
- REL 2443 (-0.12%) · RSI 42.3 · 5d down streak · -40% from hi
- EXPN 2583 (-0.42%) · RSI 43.4 · -37% from hi



TOP SWING SETUPS

HSBA — LONG, 52w high breakout (CONTINUING)
Bull-all, above POC 1274, RSI 64.2 with room, 5-day up streak, ADX 18.8 = trend has room to extend.
Entry: 1404-1408 · Stop: 1370 · T1: 1430 · T2: 1444 · R:R: 1:1.2

RR. — LONG, MACD fresh bullish cross (NEW)
MACD line +11.14 crossed above signal -0.36. Bull EMA stack. Week +5.87%. RSI 60.4 with room.
Entry: 1295-1300 · Stop: 1235 · T1: 1352 · T2: 1420 · R:R: 1:1.9

ADM — LONG, rv 1.19 breakout candidate (DEVELOPING)
Bull-all, RSI rising +3.1, MACD bull widening, above-avg volume, close = day high. ADX 24.
Entry: 3402 break or 3380 pullback · Stop: 3300 · T1: 3485 · T2: 3550 · R:R: 1:1.4

ULVR — LONG, EMA20 reclaim + zone flip (NEW)
Crossed above EMA20 with RSI +7.4, zone Bear -> Bull. Early stage recovery — trade for the gap to EMA50.
Entry: 4330-4350 · Stop: 4200 · T1: 4404 (EMA50) · T2: 4463 · R:R: 1:1.0

III — LONG, MACD cross from oversold base (NEW)
Counter-trend mean-reversion. MACD bull cross, 4-day up streak, week +7.05%. Size small — still BEAR all.
Entry: 2338-2350 · Stop: 2280 · T1: 2451 · T2: 2583 · R:R: 1:1.5



INTRADAY SETUPS

A. HSBA — Cam R4 BREAKOUT LONG
Cam R3 1411.32 / Cam R4 1418.63. 52w high 1416.80. A break of Cam R4 prints a new 52w high — classic Camarilla breakout on a strong bull trend.
Entry: 1418.7 break · Stop: 1406 · Target: 1430 then trail by ATR 32.26

B. SHEL — Pivot rejection SHORT continuation
MACD just bear-crossed, 5-day down streak, BEAR 20/50, below POC 3301. Brent bouncing offers a relief move to fade.
Entry: 3160-3163 (fade Classic R1 rejection) · Stop: 3200 · T1: 3086 · T2: 3050

C. BP — Cam S3 bounce LONG (counter-trend relief)
RSI 35 oversold short-term, Brent +2% today. Hold of Cam S3 with higher-low intraday = relief long.
Entry: 508-512 (Cam S3/S1 zone) · Stop: 501 · T1: 528 · T2: 544 (EMA9)

D. RR. — Pivot continuation LONG
Bull-all + MACD fresh cross. Pivot 1287.49, Cam R3 1306.99.
Entry: 1287-1290 pullback OR 1307 breakout · Stop: 1271 · T1 pullback: 1312 · T1 breakout: 1328 then 1352

E. LSEG — Cam R3 rejection SHORT
Lost EMA50 AND EMA200 today. Fade rallies into Cam R3.
Entry: 9160-9170 (Cam R3 rejection) · Stop: 9215 · T1: 9050 · T2: 9000



KEY LEVELS DASHBOARD

HSBA (BULL — at 52w high)
Cam: S4 1389.37 · S3 1396.69 · S1 1401.56 || R1 1406.44 · R3 1411.32 · R4 1418.63
Classic: S3 1363.93 · S2 1377.07 · S1 1390.53 · P 1403.67 · R1 1417.13 · R2 1430.27 · R3 1443.73
EMA: 9=1365.55 · 20=1347.51 · 50=1316.35 · 200=1175.93 · POC 1274.40
H/L day: 1416.80 / 1390.20 · 52w H/L: 1416.80 / 859.40

RR. (BULL — MACD fresh cross)
Cam: S4 1273.43 · S3 1284.61 · S1 1292.07 || R1 1299.53 · R3 1306.99 · R4 1318.17
Classic: S3 1230.63 · S2 1246.81 · S1 1271.31 · P 1287.49 · R1 1311.99 · R2 1328.17 · R3 1352.67
EMA: 9=1233.04 · 20=1216.32 · 50=1215.43 · 200=1142.08 · POC 1223.62
H/L day: 1303.68 / 1263.00 · 52w H/L: 1420.00 / 847.20

SHEL (BEAR — MACD bearish cross)
Cam: S4 3080.65 · S3 3101.83 · S1 3115.94 || R1 3130.06 · R3 3144.18 · R4 3165.35
Classic: S3 3009.33 · S2 3049.67 · S1 3086.33 · P 3126.67 · R1 3163.33 · R2 3203.67 · R3 3240.33
EMA: 9=3199.10 · 20=3222.98 · 50=3228.16 · 200=2982.76 · POC 3301.58
H/L day: 3167.00 / 3090.00 · 52w H/L: 3591.50 / 2438.00

BP (BEAR — RSI 35)
Cam: S4 502.01 · S3 508.31 · S1 512.51 || R1 516.71 · R3 520.91 · R4 527.21
Classic: S3 482.59 · S2 496.40 · S1 505.50 · P 519.31 · R1 528.41 · R2 542.22 · R3 551.32
EMA: 9=544.20 · 20=551.54 · 50=546.86 · 200=488.35 · POC 549.01
H/L day: 533.11 / 510.20 · 52w H/L: 609.40 / 355.55

LSEG (BEAR — lost EMA50+EMA200)
Cam: S4 8991.40 · S3 9049.70 · S1 9088.57 || R1 9127.43 · R3 9166.30 · R4 9224.60
Classic: S3 8789.33 · S2 8894.67 · S1 9001.33 · P 9106.67 · R1 9213.33 · R2 9318.67 · R3 9425.33
EMA: 9=9248.74 · 20=9282.86 · 50=9130.95 · 200=9120.43 · POC 8980.44
H/L day: 9212.00 / 9000.00 · 52w H/L: 11495.00 / 6684.00



BEARISH WARNINGS

Prioritised by stocks that JUST broke down today:

1. LSEG — Crossed BELOW EMA50 AND EMA200 in one session. Now BEAR all. Watch 9050 (Cam S3) as line in the sand.
2. NG — Crossed BELOW EMA20 + EMA50, zone Bull -> Bear. Defensive losing structure.
3. SHEL — MACD bearish cross + 5d down streak. 3086 break opens 3050 then 3009.
4. BP — RSI 35, week -8.5%. Oversold but in downtrend. Watch 510 for basing; below 482 targets 470.
5. BAE — Crossed BELOW EMA20 after strong run. Pullback could test EMA200 at 1953.
6. REL — 5d down streak, BEAR all, 40% off 52w high.
7. EXPN — BEAR all, 37% off 52w high. Wait for base.
8. III — Technically BEAR all but bottoming (MACD cross, 4d up). Long-bias not short.
9. TSCO (compare data) — Heavy vol break of EMA200, RSI -7.4 to 34.8.
10. CPG — 3d down streak, weak ADX. No conviction either way but no reason to be long.



EVENTS CALENDAR

- Today (Thu 28 May): ~69 RNS earnings releases scheduled. Check Investegate for tracked names.
- This week: US PCE inflation print Friday. Iran/Hormuz commentary continues to whipsaw oil.
- BoE: Bank Rate held at 3.75%. Next decision in June. Markets price ~one move with low conviction.
- CPI: Next print early June (May data). April was 2.8% YoY.
- Brent: +2.13% relief bounce today to ~$96.30 after -16% May slide. Watch $95 support / $100 resistance — drives BP/SHEL.



Not financial advice. Always DYOR. Capital at risk.

Wednesday 27 May 2026
Data: Close 26 May (Tue, post bank-hol catch-up) | UKX (last verified): ~10,466 (Fri 22 May close) | Futures: Data unavailable



MARKET OVERVIEW

Mon 25 May = UK Spring Bank Holiday (LSE closed). Tue 26 May opened with a strong catch-up move, trading near 10,546 in initial dealings, led by miners and banks. No verified Wed 27 May futures print could be confirmed at the time of report generation — trade the levels, not a guessed direction.

Macro: UK CPI April 2.8% (vs 3.3% in March, below 3.0% consensus). Core CPI 2.5%. BoE still flags CPI back toward 3.3% in Q3 on energy/food. Copper at record highs (~$14k/tonne) driven by Strait of Hormuz acid disruption + Grasberg recovery + AI/EV/grid demand. Middle East: fresh US strikes on Iran but tape remains pro-cyclical.

Tone: STRONG UK banks + miners + life insurance. WEAK staples, distributors, energy majors (BP collapsed).



NOTABLE CHANGES (Day-over-Day)

BEARISH BP — Crossed BELOW EMA50, MACD bearish crossover, -4.3%, below POC, week -7.29%, RSI -16.5 pts. Sharpest single-name breakdown on the board.

BULLISH ANTO — MACD BULLISH crossover, +3.5%, 4-day up streak, week +11.21%. Fresh long trigger.

BULLISH GLEN — RSI surged +8.5 pts, crossed ABOVE EMA20, +3.1%. Miner momentum extending.

BULLISH AV — Crossed ABOVE EMA50 AND ABOVE POC, 4-day up. Recovery confirmed.

BEARISH CPG — Crossed BELOW EMA20, MACD bearish crossover. Cyclical weakness.

BEARISH ADM — RSI dropped -12.3 pts, -3.5%. Sharp sentiment hit.

BEARISH ABF — Crossed BELOW EMA20 (now below all EMAs). Staples weakness extending.

BEARISH BNZL — Crossed BELOW EMA20. RSI -5 pts on the day.

Note: compare.php shows "LLOY week -98.95%" — that is a data artefact (yesterday-close came through as 9992 vs ~99.92). Actual LLOY close 26 May = 101.35, +1.76%.



SECTOR HEATMAP

STRONG UK Banks: LLOY, BARC, STAN, NWG all Bull above all EMAs. RSI 56-66. 2-5 day up streaks. HSBA also 4-day up per compare.

STRONG Miners: AAL +7.2% week, ANTO +11.2% week — both Bull above all. GLEN crossed ABOVE EMA20. RIO +5.5% week. Record copper underpins.

STRONG Life Insurance: LGEN Bull (RSI 65, near 52w high). AV crossed ABOVE EMA50+POC. PRU mixed.

WEAK Consumer Staples: TSCO bear 20/50 (-1.36% day). IMB bear all (RSI 44.8, week -3.29%). ABF bear all (just crossed below EMA20 today).

WEAK Distribution / Services: BNZL crossed BELOW EMA20. RTO RSI 36.6 (near OS).

MIXED Telco/Media: VOD bear 20/50 (3-day down). WPP, INF above 20/50 but below 200 — recovery only.

RECOVERING Utilities: SSE bear 20/50 but 4-day up streak, RSI +11.4 pts week.

MIXED Tech/Software: SGE crossed ABOVE EMA50 today, still below EMA20 and EMA200.

SPLITTING Energy: BP collapsed while miners ramp. SHEL also on a 5-day down streak.



DAILY TECHNICAL SIGNALS TABLE

Strict EMA classification: close > EMA20 AND > EMA50 AND > EMA200 = Bull (above all). Verified programmatically.

BULL (above all 3 EMAs):
- LLOY 101.35 · RSI 57.0 (+2.6) · MACD Bull · -11.6% from 52H · day +1.76% · above POC
- BARC 452.95 · RSI 61.2 (+2. · MACD Bull · -10.6% from 52H · day +1.60% · above POC
- STAN 1981.50 · RSI 66.0 (+2.9) · MACD Bull · -0.4% from 52H · day +1.82% · above POC
- NWG 592.58 · RSI 56.2 (+2.1) · MACD Bull · -16.0% from 52H · day +1.43% · above POC
- AAL 3920.00 · RSI 58.6 (+3.2) · MACD Bull (flattening) · -4.8% from 52H · day +2.22% · above POC
- ANTO 4067.00 · RSI 57.6 (+3.3) · MACD Bull (fresh cross) · -9.1% from 52H · day +3.46% · above POC
- LGEN 271.83 · RSI 65.4 (+1.0) · MACD Bull · -4.9% from 52H · day +0.34% · above POC

BULL (above 20/50, below 200) — recovering:
- AV 629.40 · RSI 52.1 (+1. · MACD Bear narrowing · day +0.61% · just crossed above POC
- WPP 275.50 · RSI 57.7 (-1.4) · MACD Bull · -54.4% from 52H · day -0.14%
- INF 815.80 · RSI 54.4 (-1.5) · MACD Bull · day -0.44%

MIXED:
- PRU 1129.50 · above 50/200, below 20 · RSI 50.1 · MACD Bear narrowing
- HLN 342.45 · above 20 only · RSI 48.3 · MACD Bear narrowing · below POC
- SGE 879.40 · above 50 only (crossed today) · RSI 50.0 · still below EMA20 + EMA200
- BNZL 2366.00 · above 50/200, just crossed BELOW 20 · RSI 49 (-5 pts day)

BEAR (below 20/50):
- TSCO 456.50 · RSI 42.2 (-3.6) · MACD Bear · day -1.36% · below POC
- SSE 2452.00 · RSI 46.8 (+2.4) · MACD Bear narrowing · day +1.03% · below POC · 4-day up streak (bouncing)
- VOD 110.43 · RSI 42.4 (-2.2) · MACD Bear · day -0.83% · below POC · 3-day down
- RTO 465.10 · RSI 36.6 · MACD Bear · day +0.26% · below POC · close to OS

BEAR (below ALL EMAs):
- IMB 2791.00 · RSI 44.8 (-1.3) · MACD Bear · -16.5% from 52H · day -0.14% · below POC
- ABF 1824.00 · RSI 48.5 (-3.2) · MACD Bear · -22.7% from 52H · day -0.65% · just crossed below EMA20 today



TOP SWING TRADE SETUPS

Setup 1 — STAN — 52w-high breakout long [NEW today]
Bull above all EMAs, RSI 66, ADX 26.7 (strongest trend on board), MACD bull (52.45 vs 48.89). Closed 1981.50 just 40p below the 52w high of 1990. PDH = 1990. 4-day up streak. Banks tape is rolling.
Entry: 1990-1995 · Stop: 1925 · T1: 2032 · T2: 2080 · R:R: ~1:1.6

Setup 2 — ANTO — Copper continuation long [NEW today, fresh MACD X]
MACD just bullishly crossed (68.71 vs 65.45). Week +11.21% — top mover. Riding record-copper tape. Closed 4067 with PDH 4110.
Entry: 4080-4110 (Cam R1 / PDH break) · Stop: 3985 · T1: 4147 (Cam R4) · T2: 4276 (R3) · R:R: ~1:2.1
ATR 193 — size for volatility, half normal share count.

Setup 3 — AAL — Pullback continuation long [CONTINUING]
Bull above all. 4-day up streak. Week +7.22%. Closed 3920 right on classic pivot 3920.33. POC 3387 well below.
Entry: 3920-3930 (pivot) · Stop: 3825 · T1: 4015 (R2) · T2: 4063 (R3) · R:R: ~1:1.5

Setup 4 — BARC — Trend continuation long [CONTINUING]
5-day up streak (longest on the FTSE list). Week +6.2%. MACD bull (4.38 vs 2.31). RSI 61. Closed 452.95 just below pivot 454.20.
Entry: 449-451 (pullback) · Stop: 438 · T1: 463 (R2) · T2: 468 (R3) · R:R: ~1:1.2

Setup 5 — LGEN — Trend long [CONTINUING]
Bull above all. RSI 65 (strongest in insurance). ADX 27.1. MACD bull. 4-day up. Near 52w high (-4.9%).
Entry: 271-272 (Cam S1/S2) · Stop: 266 · T1: 275.48 (R2) · T2: 280 · R:R: ~1:1.3



INTRADAY SETUPS — 27 MAY

A — STAN Cam Breakout (long)
Long break of Cam R4 (2001.30) — confirms 52w-high breakout
Entry: 2001 (or 1990 PDH if aggressive) · Stop: 1984.80 (below Cam R1) · Target: 2032 (R3) then 2050

B — ANTO Cam Breakout (long)
Long above Cam R1 (4080) for first leg; pyramid above Cam R4 (4147)
Entry: 4080 (or PDH 4110) · Stop: 4054 (below Cam S1) · Target: 4147 (Cam R4) then 4193 (R2) then 4276 (R3)

C — AAL Pivot Bounce (long)
Long off classic pivot 3920.33 holding into open
Entry: 3920-3928 (Cam R1) · Stop: 3911 (below Cam S1) · Target: 3946 (Cam R3) then 3968 (PDH) then 4015

D — IMB Cam Breakdown (short)
Short break of Cam S1 (2786.40) below the EMA stack
Entry: 2786 on break · Stop: 2796 (above Cam R1) · Target: 2777 (Cam S3) then 2763 (Cam S4)

E — RTO Mean-Reversion (counter-trend long)
Long off classic S1 (461.07) — RSI 36.6 / SRSI 6 compressed
Entry: 462-463 · Stop: 459 (below Cam S4) · Target: 466 (Cam R1) then 470 (PDH)
Counter-trend — small size, fast time-out.



KEY LEVELS DASHBOARD — top 5 tradeable

STAN — close 1981.50
Cam: S4 1961.70 · S3 1971.60 · S1 1978.20 || R1 1984.80 · R3 1991.40 · R4 2001.30
Classic: S3 1924.33 · S2 1939.17 · S1 1960.33 || Piv 1975.17 || R1 1996.33 · R2 2011.17 · R3 2032.33
EMA: 9=1923.51 · 20=1878.88 · 50=1806.61 · 200=1634.05 || POC 1708.21
PDH 1990.00 · PDL 1954.00 || 52H 1990.00 · 52L 1116.00 || ATR 50.87

ANTO — close 4067.00
Cam: S4 3986.70 · S3 4026.85 · S1 4053.62 || R1 4080.38 · R3 4107.15 · R4 4147.30
Classic: S3 3838 · S2 3901 · S1 3984 || Piv 4047 || R1 4130 · R2 4193 · R3 4276
EMA: 9=3915.73 · 20=3857.27 · 50=3757.02 · 200=3221.95 || POC 3693.69
PDH 4110.00 · PDL 3964.00 || 52H 4475.00 · 52L 1675.50 || ATR 193.53

AAL — close 3920.00
Cam: S4 3867.75 · S3 3893.88 · S1 3911.29 || R1 3928.71 · R3 3946.13 · R4 3972.25
Classic: S3 3777.67 · S2 3825.33 · S1 3872.67 || Piv 3920.33 || R1 3967.67 · R2 4015.33 · R3 4062.67
EMA: 9=3834.06 · 20=3776.71 · 50=3618.80 · 200=3182.17 || POC 3386.99
PDH 3968.00 · PDL 3873.00 || 52H 4118.50 · 52L 1987.20 || ATR 141.90

BARC — close 452.95
Cam: S4 447.59 · S3 450.27 · S1 452.06 || R1 453.84 · R3 455.63 · R4 458.31
Classic: S3 438.96 · S2 444.46 · S1 448.70 || Piv 454.20 || R1 458.44 · R2 463.94 · R3 468.18
EMA: 9=438.43 · 20=433.59 · 50=430.88 · 200=412.23 || POC 415.19
PDH 459.69 · PDL 449.95 || 52H 506.40 · 52L 315.50 || ATR 13.80

IMB — close 2791.00 (short candidate)
Cam: S4 2763.40 · S3 2777.20 · S1 2786.40 || R1 2795.60 · R3 2804.80 · R4 2818.60
Classic: S3 2722.70 · S2 2754.76 · S1 2772.88 || Piv 2804.94 || R1 2823.06 · R2 2855.12 · R3 2873.24
EMA: 9=2820.18 · 20=2828.20 · 50=2907.79 · 200=2996.94 || POC 2967.02
PDH 2837.00 · PDL 2786.82 || 52H 3341.00 · 52L 2699.34 || ATR 68.84



BEARISH WARNINGS

BEARISH IMB — Bear below ALL EMAs (EMA200 2997). MACD bear. Week -3.29%. 3-day down. Below POC. Path of least resistance: down.

BEARISH ABF — Just crossed BELOW EMA20 today — now bear below all EMAs. ADX 35.5 confirms real trend. Watch 1809 (Cam S4) for next leg.

BEARISH BNZL — Crossed BELOW EMA20. RSI -5 pts day. MACD flattening but still positive — could be re-test. Stop hunt zone.

WEAK VOD — Bear 20/50. 3-day down. Week -2.19%. SRSI 0 (oversold short-term) — bounce plausible but no reversal yet.

WEAK TSCO — Bear 20/50. MACD bear. RSI 42, ADX 15.9.

WATCH RTO — Bear 20/50 but RSI 36.6 / SRSI 6 — closest to OS bounce.

OFF-LIST BP — Crossed below EMA50, MACD bearish crossover, week -7.29%, RSI -16.5 pts in a week. Avoid longs in energy majors until structure repairs.



EVENTS CALENDAR (this week)

- Wed 27 May — FOMC minutes (evening UK time, US session). Sterling/dollar vol risk for FTSE earners.
- Thu 28 May — US Q1 GDP 2nd estimate; weekly jobless claims.
- Fri 29 May — US PCE Inflation (Fed's preferred gauge) — major macro event.
- UK earnings light this week. Next big block: July. Watch for any RNS from bank quartet (LLOY, BARC, STAN, NWG) on capital actions / buyback updates given the rally.



Not financial advice. Always DYOR. Capital at risk.

Tuesday 26 May 2026 — Daily FTSE 100 TA
Data: Close 22 May · UKX: 10,466.26 · Futures: +0.17% (open ~10,485) · Note: UK closed Mon 25 May (Spring Bank Holiday)



1. MARKET OVERVIEW

FTSE reopens after the long weekend with futures modestly higher. Friday's cash close of 10,466 was the highest since 22 April, supported by miners and energy on a thin pre-holiday tape. Banks and defence dominated the weekly leaderboard. No tier-1 UK macro at the open; US Consumer Confidence later. PCE inflation Friday is the week's main event.



2. NOTABLE CHANGES (DAY-OVER-DAY)

BULLISH TRIGGERS
- BAE — Crossed ABOVE EMA20 · 5-day up streak · Week +6.36% · RSI +15.9 pts week
- RR. — Big move +3.4% · Crossed ABOVE POC · Week +6.59%
- NG — Crossed ABOVE EMA50 · MACD BULLISH crossover · 5-day up streak
- LSEG — Crossed ABOVE EMA20 (now BULL above all)
- NWG — Crossed ABOVE EMA50

BEARISH TRIGGERS
- SHEL — Crossed BELOW EMA50 · 4-day down streak
- BP — Crossed BELOW EMA20 · RSI -7.2 pts to 46.4 (Bull to Bear zone)
- SGE — Crossed BELOW EMA20 AND EMA50 · MACD BEARISH crossover
- RKT — Crossed BELOW EMA20
- GLEN, PRU, TSCO, IMB — All crossed below EMA20

CONTEXT
- III +10.62% on the week but still BEAR below all EMAs — counter-trend bounce
- CPG worst weekly performer -4.66%, RSI -10.9 pts



3. SECTOR HEATMAP

STRONG — Banks (HSBA leader, LLOY/BARC/NWG on uptrend), Defence (BAE, RR. both with multi-confirmation)
RECOVERING — Utilities (NG fresh reversal), Index/Exchanges (LSEG reclaim)
MIXED — Mining (RIO strong, GLEN slipping), Insurance (ADM strong, PRU weakening)
WEAK — Energy (BP, SHEL deteriorating), Pharma (AZN, GSK soft), Catering (CPG, RTO down)



4. DAILY SIGNALS — KEY TICKERS

Tkr · Close · Trend · RSI · MACD · Day % · POC

AZN · 13938 · MIXED · 49.2 (Bull to Bear) · BEAR · -0.49 · BELOW
HSBA · 1375.8 · BULL · 59.7 · BULL · +1.31 · ABOVE
SHEL · 3206.5 · BEAR · 46.0 · BULL · -1.00 · BELOW
ULVR · 4255 · BEAR · 46.2 · BULL · -0.34 · BELOW
RR. · 1248.8 · BULL · 55.6 · BEAR · +3.36 · ABOVE
BP · 549.8 · MIXED · 46.4 (-7.2) · BEAR · -2.72 · ABOVE
RIO · 7761 · BULL · 55.8 · BEAR · -0.09 · ABOVE
BATS · 4880 · BULL · 67.4 OB watch · BULL · -0.25 · ABOVE
BAE · 1994.33 · MIXED · 48.1 · BULL · +2.12 · BELOW
GSK · 1913.25 · BEAR · 44.2 · BULL · -0.07 · BELOW
REL · 2443 · BEAR · 42.4 · BEAR · -0.93 · BELOW
LSEG · 9312 · BULL · 51.0 · BULL · +0.41 · ABOVE
CPG · 3127 · BULL · 56.1 (-10.9 wk) · BULL · -0.90 · ABOVE
ADM · 3486 · BULL · 64.7 · BULL · -0.46 · ABOVE
III · 2302 · BEAR · 42.0 · BEAR · +2.31 · BELOW
DGE · 1604.5 · BULL · 66.4 OB watch · BULL · +1.20 · ABOVE
GLEN · 568 · MIXED · 51.7 · BEAR · -1.05 · ABOVE
NG · 1286.5 · BULL · 52.0 · BULL · +0.59 · BELOW
RKT · 4691 · BEAR · 44.4 · BULL · -0.74 · BELOW
EXPN · 2588.5 · BEAR · 43.8 · BEAR · -2.14 · BELOW

All stocks traded thin Friday (rv 0.18-0.77, pre-holiday). Require confirmation on today's open.



5. TOP SWING TRADE SETUPS


RR. — Reclaim continuation long (NEW POC)
Entry: 1240-1250 · Stop: 1185 · T1: 1314 · T2: 1380 · R:R: 1:1 / 1:2
Reclaim of POC + 5-day uptrend + BULL above all EMAs. Trigger today.


BAE — Reversal long (NEW EMA20 reclaim)
Entry: 1985-1995 · Stop: 1925 · T1: 2011 · T2: 2050 · T3: 2061
Top weekly RSI mover (+15.9 pts). EMA50 at 2051 is the structural test — clearing converts MIXED to BULL above all.


NG — Trend-change long (NEW triple trigger)
Entry: 1283-1287 · Stop: 1265 · T1: 1297 · T2: 1321 · R:R: 1:1 / 1:3
EMA50 reclaim + MACD bull cross + 5-day uptrend on the same day. POC 1290 is the magnet.


HSBA — Trend continuation long (CONTINUING)
Entry: 1370-1376 · Stop: 1352 · T1: 1386 · T2: 1395 · T3: 1410 (52w hi)
Cleanest sector leader. Above POC, bull stack, tight ATR 33.


ADM — Pullback long (CONTINUING)
Entry: 3470-3490 · Stop: 3445 · T1: 3516 · T2: 3582 · T3: 3686 (52w hi)
Cam pivot pullback in a strong trend. Asymmetric upside to a new high.



6. INTRADAY SETUPS


SHEL — Cam S3 fade long (range play)
Entry: 3193-3198 (Cam S3) · Stop: 3179 (below Cam S4) · Target: Pivot 3212 / R1 3210
Despite the EMA50 break, MACD still bull-aligned. Range fade only — invalidated on close below Cam S4.


BAE — Pivot bounce long (intraday)
Entry: 1979-1985 (Cam pivot) · Stop: 1962 (below Cam S4) · Target: 1998 → 2008 → 2011
Continuation of swing thesis. Tight 1-ATR stop on a rising name.


HSBA — Pivot continuation long
Entry: 1373-1376 (above Cam pivot) · Stop: 1364 (below Cam S4) · Target: R1 1377 → R2 1381 → R3 1394
Bull stack with tight Cam band. Clean break above pivot resolves quickly.


BP — Cam R3 fade short / S4 breakdown
Fade: Entry 552-554 (Cam R3) · Stop 557 · Target 548 → 546 (POC) → 543
Break: Entry < 543.06 (Cam S4) · Stop 549 · Target 541 → 533
Biggest single-day RSI deterioration in the index. Two ways to play it.


NG — Cam R1 breakout long
Entry: Break and hold > 1288.70 (Cam R1) + > POC 1290 · Stop: 1278 · Target: 1293 → 1299 → 1308
Triggers off the swing setup. POC alignment for confluence.



7. KEY LEVELS DASHBOARD


HSBA (1375.
Cam: S4 1368.32 · S3 1372.06 · S1 1374.55 || R1 1377.05 · R3 1379.54 · R4 1383.28
Classic: S3 1353.87 · S2 1359.13 · S1 1367.47 | P 1372.73 | R1 1381.07 · R2 1386.33 · R3 1394.67
EMA: 20 1336.78 · 50 1309.74 · 200 1171.50 · POC 1277.38 · 52w 859.40-1410.42


BAE (1994.33)
Cam: S4 1966.83 · S3 1980.58 · S1 1989.75 || R1 1998.91 · R3 2008.08 · R4 2021.83
Classic: S3 1911.39 · S2 1928.44 · S1 1961.39 | P 1978.44 | R1 2011.39 · R2 2028.44 · R3 2061.39
EMA: 20 1984.97 · 50 2051.73 · 200 1952.71 · POC 2151.56 · 52w 1588-2360


RR. (1248.
Cam: S4 1140.12 · S3 1194.46 · S1 1230.69 || R1 1266.91 · R3 1303.14 · R4 1357.48
Classic: S3 919.47 · S2 985.33 · S1 1117.07 | P 1182.93 | R1 1314.67 · R2 1380.53 · R3 1512.27
EMA: 20 1201.74 · 50 1209.91 · 200 1139.27 · POC 1227.59 · 52w 841.40-1420


SHEL (3206.5)
Cam: S4 3180.10 · S3 3193.30 · S1 3202.10 || R1 3210.90 · R3 3219.70 · R4 3232.90
Classic: S3 3137.67 · S2 3164.83 · S1 3185.67 | P 3212.83 | R1 3233.67 · R2 3260.83 · R3 3281.67
EMA: 20 3237.55 · 50 3233.98 · 200 2979.20 · POC 3284.45 · 52w 2427-3591.50


NG (1286.5)
Cam: S4 1273.30 · S3 1279.90 · S1 1284.30 || R1 1288.70 · R3 1293.10 · R4 1299.70
Classic: S3 1249.33 · S2 1260.17 · S1 1273.33 | P 1284.17 | R1 1297.33 · R2 1308.17 · R3 1321.33
EMA: 20 1272.71 · 50 1281.40 · 200 1207.59 · POC 1290.00 · 52w 1000-1428.50



8. BEARISH WARNINGS

JUST BROKE DOWN TODAY (top priority)
- BP — Below EMA20, RSI -7.2 pts, zone Bull to Bear
- SHEL — Below EMA50, 4-day down streak
- SGE — Triple bearish: below EMA20 & 50, MACD bear cross, RSI Bull to Bear
- RKT — Below EMA20 (already BEAR below all)
- GLEN, PRU, TSCO, IMB — All below EMA20

SUSTAINED DOWNTREND (BEAR below all)
ULVR · REL · III · RKT · EXPN
- EXPN -2.14% Friday — fresh leg lower
- III +10.62% week but BEAR — fade rallies into 2328-2354
- REL no catalyst (RSI 42.4, MACD bear)

OVERBOUGHT WATCH (trim/protect longs)
- BATS RSI 67.4 · DGE RSI 66.4 · ADM RSI 64.7



9. EVENTS CALENDAR — WEEK AHEAD

- Tue 26 May — UK reopens. US reopens. US Consumer Confidence pm.
- Wed 27 May — Limited UK. US new-home sales.
- Thu 28 May — US Q1 GDP 2nd estimate, jobless claims, pending home sales.
- Fri 29 May — US PCE inflation (week's main event).
- Earnings: No tier-1 UK among the tracked names today. Next major UK window mid-June.



Not financial advice. Always DYOR. Capital at risk.

Monday 25 May 2026 - Spring Bank Holiday (LSE CLOSED)
Data: Close Friday 22 May - UKX: 10,466.26 (+0.41%) - Futures: not reliable (market closed today) - Next session: Tue 26 May


1. MARKET OVERVIEW
The FTSE 100 closed Friday at 10,466.26 (+0.41%), its highest since April and up roughly +2.8% on the week. The advance came despite soft UK data - April retail sales missed and the budget deficit widened to GBP 24.3bn (vs ~20.9bn expected) - with sentiment carried by US-Iran de-escalation optimism.

Today (Mon 25 May) London is CLOSED for the Spring Bank Holiday; US markets are also shut for Memorial Day. There is no live cash session, so no reliable futures print to quote - this report frames levels for the next session, Tuesday 26 May.

Macro: UK CPI cooled to 2.8% in April (from 3.3%); BoE held Bank Rate at 3.75% on 30 April.
Liquidity warning: every tracked stock printed relative volume below 0.8 on Friday (thin pre-holiday tape). Treat Friday's closes as low-conviction and widen stops on the reopen.


2. NOTABLE CHANGES (day over day)
The most actionable shifts vs Thursday's close:

- BP -2.72%: crossed BELOW EMA20, RSI -7.2 pts to 46.4, RSI zone flipped Bull to Bear. Fresh breakdown.
- EXPN -2.14%: heaviest faller, RSI -4.9 to 43.8, below all EMAs, -36.9% from 52w high.
- RR. +3.36%: big move, crossed ABOVE POC, week +6.59% (note: abnormal intraday low - levels distorted).
- BAE +2.12%: crossed ABOVE EMA20, 5-day up streak, week +6.36%, RSI week +15.9 pts. Recovery underway.
- III +2.31%: week +10.62% (top weekly mover) - but still below all EMAs, -48.8% from high. Counter-trend only.
- NG +0.59%: crossed ABOVE EMA50, MACD BULLISH crossover, 5-day up streak. Cleanest new long signal.
- SHEL -1.00%: crossed BELOW EMA50, 4-day down streak.
- AZN -0.49%: RSI zone Bull to Bear, close -118.


3. SECTOR HEATMAP
STRONG Defence/Aero: BAE recovering (above EMA20), RR. above all EMAs +3.4%. Sector turned up together this week.

STRONG Utilities: NG above all EMAs, fresh MACD cross + EMA50 reclaim. Defensive bid.

STRONG Tobacco/Staples leaders: BATS (ADX 42.8, strongest trend) and DGE firm; ULVR the laggard (below all EMAs).

MIXED Banks/Financials: HSBA, LSEG, ADM above all EMAs (strong); III and EXPN below all EMAs (weak).

MIXED Mining: RIO above all EMAs (firm); GLEN crossed below EMA20 (softening).

WEAK Energy: SHEL (below EMA20/50, 4-day down) and BP (crossed below EMA20) both rolling over. Worst sector.

WEAK Healthcare: GSK below EMA20/50, AZN flipped bearish on RSI, RKT below all EMAs.

WEAK Media: REL below all EMAs, -41.6% from 52w high.


4. DAILY TECHNICAL SIGNALS
Ticker - Trend - RSI - MACD - %52wH - Day - Notes
HSBA - Bull (above all) - RSI 59.7 Neut - Bull cross - -2.5% - +1.31% - above POC
RIO - Bull (above all) - RSI 55.8 Neut - Bear cross - -6.2% - -0.09% - above POC
BATS - Bull (above all) - RSI 67.4 Neut - Bull cross - -8.4% - -0.25% - above POC, ADX 42.8
ADM - Bull (above all) - RSI 64.7 Neut - Bull cross - -5.4% - -0.46% - above POC
LSEG - Bull (above all) - RSI 51.0 Neut - Bear cross - -21.2% - +0.41% - above POC, crossed >EMA20
CPG - Bull (above all) - RSI 56.1 Neut - Bull cross - -11.1% - -0.90% - above POC, week -4.66%
NG - Bull (above all) - RSI 52.0 Neut - Bull cross (new) - -9.9% - +0.59% - near POC, >EMA50 new
DGE - Bull (above 20/50) - RSI 66.4 Neut - Bull cross - -25.1% - +1.20% - above POC
AZN - Mixed (>20 <50 >200) - RSI 49.2 Neut - Bull cross - -11.4% - -0.49% - below POC, zone>bear
BAE - Mixed (>20 <50 >200) - RSI 48.1 Neut - Bull cross - -15.5% - +2.12% - below POC, recovery
BP - Mixed (<20 >50 >200) - RSI 46.4 Neut - Bull cross - -9.8% - -2.72% - near POC, <EMA20 new
GLEN - Mixed (<20 >50 >200) - RSI 51.7 Neut - Bear cross - -5.0% - -1.05% - above POC, <EMA20 new
RR. - Bull (above all) - RSI 55.6 Neut - Bear cross - -12.1% - +3.36% - above POC, data anomaly
SHEL - Bear (below 20/50) - RSI 46.0 Neut - Bull cross - -10.7% - -1.00% - below POC, <EMA50 new
GSK - Bear (below 20/50) - RSI 44.2 Neut - Bull cross - -16.2% - -0.07% - below POC
ULVR - Bear (below all) - RSI 46.2 Neut - Bull cross - -23.0% - -0.34% - below POC
REL - Bear (below all) - RSI 42.4 Neut - Bear cross - -41.6% - -0.93% - below POC
III - Bear (below all) - RSI 42.0 Neut - Bear cross - -48.8% - +2.31% - below POC, wk +10.6%
RKT - Bear (below all) - RSI 44.4 Neut - Bull cross - -28.0% - -0.74% - below POC, <EMA20 new
EXPN - Bear (below all) - RSI 43.8 Neut - Bear cross - -36.9% - -2.14% - below POC


5. TOP SWING TRADE SETUPS

NG (National Grid) - NEW: fresh MACD cross + EMA50 reclaim
Bull above all EMAs, MACD bullish crossover, crossed back above EMA50, 5-day up streak, RSI 52 (room).
Entry: 1280-1287 - Stop: 1258 - T1: 1308 - T2: 1321 - R:R: ~1:1.4 - Confluence 4/5

HSBA - CONTINUING: 52-week-high breakout watch
Bull above all EMAs, RSI 59.7, week +3.21%, 3-day up streak, 2.5% below 52w high (1410). Prefer pullback entry - StochRSI maxed.
Entry: 1367-1376 - Stop: 1352 - T1: 1410 - T2: 1430 - R:R: ~1:2.2 - Confluence 4/5

BATS - CONTINUING: strongest trend in the index (buy dips)
Bull above all EMAs, ADX 42.8 (highest in scan), MACD bull, +10.5% above POC. RSI 67 nearing OB - buy pullbacks only.
Entry: 4760-4805 - Stop: 4640 - T1: 5000 - T2: 5326 - R:R: ~1:3.1 - Confluence 4/5

ADM (Admiral) - CONTINUING: grinding to new highs
Bull above all EMAs, RSI 64.7, ADX 25.7, +8.3% above POC, 5.4% below 52w high (3686).
Entry: 3450-3486 - Stop: 3380 - T1: 3582 - T2: 3686 - R:R: ~1:3.0 - Confluence 4/5

BAE - DEVELOPING (half size): recovery play
Crossed back above EMA20 Friday, 5-day up streak, week +6.36%, RSI rising. Still below EMA50 (2052) - reclaim confirms.
Entry: 1985-1995 - Stop: 1945 - T1: 2052 - T2: 2151 - R:R: ~1:3.2 - Confluence 3/5


6. INTRADAY SETUPS (for Tue 26 May)
Levels from Friday's close. Thin holiday tape - confirm with the opening range before committing.

HSBA - Pivot Bounce LONG
Bull trend; buy a hold of the pivot / Cam S3.
Entry: 1372-1373 - Stop: 1366 - T1: 1381 (R1) - T2: 1386 (R2) - Long

NG - Pivot Bounce LONG
Fresh daily MACD cross supports dip-buying at the pivot.
Entry: 1273-1284 - Stop: 1268 - T1: 1297 (R1) - T2: 1308 (R2) - Long

ADM - Camarilla Breakout LONG
Strong uptrend near 52w highs; a break of Cam R4 signals a trend day.
Entry: break > 3522 (Cam R4) - Stop: 3492 - T1: 3582 (R3) - T2: 3686 - Long

RIO - Camarilla Range LONG
Bull trend; fade Cam S3 back toward the pivot. Cam range tight vs ATR.
Entry: 7727 (Cam S3) - Stop: 7692 (Cam S4) - T1: 7772 (Cam R1) - T2: 7795 (Cam R3) - Long

EXPN - Camarilla Breakdown SHORT
Below all EMAs, RSI falling; a break of Cam S4 opens a trend-day short.
Entry: break < 2520 (Cam S4) - Stop: 2566 - T1: 2497 (S2) - T2: 2418 (S3) - Short


7. KEY LEVELS DASHBOARD (top 5)

HSBA
Cam: S4 1368.3 - S3 1372.1 - S1 1374.6 || R1 1377.1 - R3 1379.5 - R4 1383.3
Classic: S3 1353.9 - S1 1367.5 || P 1372.7 || R1 1381.1 - R3 1394.7
EMA: 9=1348 - 20=1336.8 - 50=1309.7 - 200=1171.5
POC 1277.4 - Prev H/L 1378 / 1364.4 - 52w H/L 1410.4 / 859.4

NG
Cam: S4 1273.3 - S3 1279.9 - S1 1284.3 || R1 1288.7 - R3 1293.1 - R4 1299.7
Classic: S3 1249.3 - S1 1273.3 || P 1284.2 || R1 1297.3 - R3 1321.3
EMA: 9=1266.1 - 20=1272.7 - 50=1281.4 - 200=1207.6
POC 1290.0 - Prev H/L 1295 / 1271 - 52w H/L 1428.5 / 1000

BATS
Cam: S4 4838.5 - S3 4859.2 - S1 4873.1 || R1 4886.9 - R3 4900.8 - R4 4921.5
Classic: S3 4758.8 - S1 4834.3 || P 4864.2 || R1 4909.8 - R3 4985.4
EMA: 9=4804.9 - 20=4639.6 - 50=4485.7 - 200=4193.0
POC 4417.0 - Prev H/L 4894 / 4818.5 - 52w H/L 5326 / 3279

ADM
Cam: S4 3449.7 - S3 3467.9 - S1 3480.0 || R1 3492.1 - R3 3504.2 - R4 3522.3
Classic: S3 3384 - S1 3450 || P 3480 || R1 3516 - R3 3582
EMA: 9=3390.1 - 20=3346.4 - 50=3268.1 - 200=3162.4
POC 3217.9 - Prev H/L 3510 / 3444 - 52w H/L 3686 / 2624

RIO
Cam: S4 7692.3 - S3 7726.6 - S1 7749.5 || R1 7772.5 - R3 7795.4 - R4 7829.8
Classic: S3 7566.7 - S1 7691.7 || P 7747.3 || R1 7816.7 - R3 7941.7
EMA: 9=7744.3 - 20=7650.8 - 50=7359.5 - 200=6334.7
POC 7085.4 - Prev H/L 7803 / 7678 - 52w H/L 8275 / 4110


8. BEARISH WARNINGS
Fresh breakdowns (crossed below a key EMA Friday - highest priority):

- BP: crossed below EMA20, RSI zone Bull to Bear, -2.72%. Below 549 targets 541 then 533.
- SHEL: crossed below EMA50, 4-day down streak. Energy rolling over.
- GLEN: crossed below EMA20, RSI -4.0.
- RKT: crossed below EMA20, below all EMAs, -28% from high, thinnest volume (rv 0.18).

Established downtrends (avoid longs / favour rallies to short):

- EXPN: below all EMAs, -36.9% from high, weakest momentum on the day.
- REL: below all EMAs, MACD bear, -41.6% from 52w high.
- III: below all EMAs, -48.8% from high; this week's +10.6% bounce is counter-trend.
- ULVR: below all EMAs (EMA20<EMA50 death-cross structure), -23% from high.


9. EVENTS CALENDAR
- Mon 25 May: UK Spring Bank Holiday - LSE closed. US Memorial Day - US markets closed.
- Tue 26 May: LSE and US markets reopen.
- US, this week: month-end cluster - Consumer Confidence, durable goods, 2nd-estimate Q1 GDP and the PCE inflation print (Fed's preferred gauge). Check exact release times.
- UK macro: April CPI out at 2.8% (from 3.3%); BoE held Bank Rate at 3.75% on 30 April; next MPC decision mid-June.
- Earnings/RNS: megacap FTSE season largely past; BAE guided FY26 underlying op profit +9-11% (7 May); lighter calendar into June.
- Ex-dividend: several FTSE names go ex-div through late May/June - verify against the diary/RNS before assuming a gap-down is a breakdown.


Not financial advice. Always DYOR. Capital at risk.

Friday 22 May 2026
Data: Close 21 May | UKX: ~10,440 (consolidating, range 10,150-10,470 since mid-May) | Futures: no reliable real-time print confirmed - see note



1. MARKET OVERVIEW
The FTSE 100 closed Thursday 21 May around the 10,440 area, holding near the top of a tight 10,150-10,470 range that has held since mid-May. Index has been consolidating just below all-time-high territory rather than trending.

Macro backdrop (verified):
- UK CPI fell to 2.8% in April (below the 3.0% forecast, lowest since March 2025) - supportive for rate-cut expectations and a tailwind for the index.
- Brent crude rose to ~$104.5 (+1.9%), elevated on Middle East / Iran tension - a tailwind for energy weight.
- Copper firm near $6.25/lb (+2% the prior session) on improved risk appetite - supportive for the miners.
- Gold elevated near $4,500 on safe-haven demand.
- GfK consumer confidence weak at -25 (April) - the soft spot in an otherwise constructive backdrop.

Futures note: Per our own rule, we do not fabricate futures levels. A reliable, internally-consistent real-time FTSE futures print for the 22 May session could not be confirmed (the only futures-tagged figure found conflicted with cash by ~3% and was clearly stale). Trade the cash levels below; treat direction as range-bound until 10,470 breaks or 10,150 gives way.



2. NOTABLE CHANGES (day-over-day / week)
BULLISH BAE - Crossed ABOVE EMA200, MACD bullish crossover, 4-day up streak, week +5.87%, RSI +15.3pts on the week. The cleanest fresh momentum signal in the list.
BULLISH NG - Crossed ABOVE EMA20, 4-day up streak, week +7.0% (top weekly mover), RSI +19.6pts (biggest weekly RSI gain).
BULLISH ADM - 4-day up streak, week +6.78%, RSI +16.3pts; sits above all EMAs.
BULLISH BARC - MACD bullish crossover, 4-day up streak, week +4.73%.
STRONG GLEN / TSCO / RKT / HLN - all reclaimed EMA20 today.
BEARISH VOD - Crossed BELOW EMA50 and BELOW POC, -2.10% on the day, RSI rolling to 44.5. Weakest name on the board.
WEAK BNZL - RSI dropped 5.5pts, -1.23%, momentum rolling over despite still being above EMAs.
WEAK LSEG / SHEL crossed BELOW EMA20; NWG crossed BELOW EMA50.



3. SECTOR HEATMAP
STRONG - Mining: RIO +1.83, ANTO +2.33, GLEN +1.64, AAL +0.93 - all green, all above POC, copper bid. Best-aligned sector today.
STRONG - Utilities: SSE +2.14, NG +1.67 - both in clear recovery, leading weekly RSI gains.
FIRM - Banks: HSBA, LLOY, BARC, STAN all Bull (above all EMAs); STAN within 0.5% of its 52w high. Watch NWG - it just lost EMA50.
MIXED - Insurance: ADM strong (above all EMAs, RSI 66); LGEN/PRU/AV firm but flatter.
MIXED - Energy: BP +0.43 (above all EMAs) vs SHEL -0.37 (lost EMA20) - a divergence despite higher oil.
WEAK - Media/Data: REL, EXPN, INF, WPP, LSEG - persistent downtrends, INF -1.22, all deep below 52w highs.
WEAK - Telecoms: VOD -2.10, breaking down through EMA50/POC.



4. DAILY TECHNICAL SIGNALS (selected)
Bull (above all EMAs): STAN (RSI 62.7), ADM (66.3), RIO (56.3), GLEN (55.7), AAL (54.1), ANTO (53.3), HSBA (57.4), LLOY (53.0), BARC (56.5), BP (53.6), LGEN (62.4), PRU (54.5), BATS (69.1 - near OB), CPG (59., BNZL (54.7), RR. (52.4)
Recovery (reclaiming EMAs): BAE (back above EMA200), NG (above 20/200, below 50), AZN (above 20/200, below 50), TSCO, DGE, SGE, WPP, INF (above 20/50, below 200)
Bear (below all EMAs): III (RSI 38.3), REL (44.6), EXPN (48.7), ULVR (47.7)
Bear (below 20/50): VOD (44.5), RTO (37.2), BAE-by-50, GSK (45.1), SSE (40.9 - but turning up)
Overbought watch: BATS 69.1, ADM 66.3, DGE 63.8, STAN 62.7, LGEN 62.4



5. TOP SWING SETUPS

STAN - 52-week-high breakout (CONTINUING)
Bull above all EMAs, RSI 62.7, closed 1944 just 0.5% under the 52w high 1954.5. POC 1703 far below - no overhead supply.
Entry: break >1955 · Stop: 1900 · T1: 2009 · T2: 2060 · R:R: 1:1.0 / 1:1.9

BAE - EMA200 reclaim (NEW today)
Crossed back above EMA200, MACD bullish crossover, ADX 31 (strong trend building), 4-day streak. Still below EMA20/50 so this is an early recovery entry.
Entry: 1956 (hold >EMA200 1952) · Stop: 1900 · T1: 2054 (EMA50) · T2: 2120 · R:R: 1:1.8 / 1:2.9

NG - EMA20 reclaim, top weekly mover (NEW)
Crossed above EMA20, week +7%, biggest weekly RSI gain (+19.6). Above EMA20 and EMA200, eyeing EMA50 at 1281.
Entry: 1276 (or pullback to 1271) · Stop: 1244 · T1: 1304 · T2: 1326 · R:R: 1:0.9 / 1:1.6

RIO - miners trend continuation (CONTINUING)
Bull above all EMAs, +1.83%, above POC 7078, copper supportive. RSI 56 leaves room.
Entry: 7780 (hold >EMA9 7742) · Stop: 7620 · T1: 7936 · T2: 8069 · R:R: 1:1.0 / 1:1.8

ADM - momentum continuation, buy the dip (CONTINUING)
Above all EMAs, 4-day streak, week +6.78%, above POC 3210. RSI 66 is hot - prefer a pullback rather than chasing.
Entry: 3450-3500 pullback · Stop: 3320 · T1: 3592 · T2: 3686 (52w high) · R:R: ~1:0.9 / 1:1.6



6. INTRADAY SETUPS (pivots / Camarilla)

STAN - Camarilla breakout long
Long on a break of Cam R4 1969.7 (also clears 52w high) = trend-day signal. Confluence: bull trend, RSI 62.
Entry: >1969.7 · Stop: 1956 · Target: classic R2 1982 then R3 2009

RIO - pivot-bounce long
Classic pivot 7725.7 sits right on Cam S3 7722 - strong confluence support with the uptrend.
Entry: 7722-7726 bounce · Stop: 7664 (Cam S4) · Target: Cam R3 7838 then R4 7896

VOD - fade the rally short
EMA9 113.7, EMA20 114.5, EMA50 113.6 and POC 113.2 all cluster at 113-114.5 = heavy resistance, price just broke below. Note: VOD classic pivots are distorted by a bad prior-high data point - use Camarilla only.
Entry: 113.5-114.5 (into the EMA/POC wall) · Stop: 116.0 · Target: Cam S1 109.8 then S3 106.2 · R:R: up to 1:3

ADM - pivot-bounce long with trend
Cam S3 3478.8 sits beside classic pivot 3476 - buy the dip into that confluence.
Entry: 3476-3479 · Stop: 3459 (Cam S4) · Target: Cam R3 3517 then R4 3536

III - dead-cat fade short
Bear below all EMAs (RSI 38) but bounced +2.71% today. EMA9 2274 caps the bounce. Counter-trend, keep it tight.
Entry: 2258-2275 (Cam R3 / EMA9) · Stop: 2280 (Cam R4) · Target: pivot 2224 then Cam S3 2217



7. KEY LEVELS DASHBOARD

STAN (1944.1)
Cam: S4 1918.5 · S3 1931.3 · S1 1939.8 || R1 1948.4 · R3 1956.9 · R4 1969.7
Classic: S2 1889 · S1 1916.6 · Pivot 1935.5 · R1 1963.1 · R2 1982
EMA: 9 1901 · 20 1860.6 · 50 1793.8 · 200 1627.5 · POC 1702.7
PDH/PDL 1954.5 / 1908 · 52H/52L 1954.5 / 1113

ADM (3498)
Cam: S4 3459.5 · S3 3478.8 · S1 3491.6 || R1 3504.4 · R3 3517.2 · R4 3536.5
Classic: S2 3406 · S1 3452 · Pivot 3476 · R1 3522 · R2 3546
EMA: 9 3365 · 20 3331 · 50 3259 · 200 3159 · POC 3209.8
PDH/PDL 3500 / 3430 · 52H/52L 3686 / 2624

RIO (7780)
Cam: S4 7663.9 · S3 7722.0 · S1 7760.7 || R1 7799.3 · R3 7838.0 · R4 7896.1
Classic: S2 7514.7 · S1 7647.3 · Pivot 7725.7 · R1 7858.3 · R2 7936.7
EMA: 9 7742 · 20 7640 · 50 7344 · 200 6321 · POC 7078.1
PDH/PDL 7804 / 7593 · 52H/52L 8275 / 4110

NG (1276)
Cam: S4 1256.2 · S3 1266.1 · S1 1272.7 || R1 1279.3 · R3 1285.9 · R4 1295.8
Classic: S2 1232 · S1 1254 · Pivot 1268 · R1 1290 · R2 1304
EMA: 9 1260 · 20 1271 · 50 1281 · 200 1207 · POC 1291.3
PDH/PDL 1282 / 1246 · 52H/52L 1428.5 / 1000

VOD (111.61)
Cam: S4 100.8 · S3 106.2 · S1 109.8 || R1 113.4 · R3 117.0 · R4 122.4
EMA: 9 113.7 · 20 114.5 · 50 113.6 · 200 101.7 · POC 113.2
52H/52L 131.1 / 71.9 (classic pivots distorted by bad prior-high - ignore)



8. BEARISH WARNINGS
VOD - Just broke below EMA50 and POC today, -2.1%, RSI 44.5 and falling. Below EMA9/20/50, only EMA200 (101.7) below as support. Primary short.
III - Bear below all EMAs, deep multi-month downtrend, RSI 38. Today's +2.71% is a bounce into resistance, not a reversal.
RTO - Below EMA20/50, RSI 37.2 and dropping (-2.5), -0.83% on the day. Weak support services name.
REL / EXPN / INF / WPP / LSEG - The whole Media/Data complex remains heavy; LSEG just lost EMA20. Avoid longs here until trends turn.
BNZL - Momentum rolling over fast (RSI -5.5, -1.23%) even though price is still above EMAs - early warning.
Overbought: BATS RSI 69.1 and DGE 63.8 - extended, watch for mean reversion.



9. EVENTS CALENDAR
Mon 25 May: UK Spring Bank Holiday - LSE CLOSED. Next session is Tue 26 May.
This week's ex-dividends (May): BP, Unilever, GSK already ex-div (14 May); RELX, Glencore, Tesco among others marked ex-div across the month - factor into open prints.
Earnings: Week of 25 May is light for FTSE 100 - the bulk of May results are already out. No major tracked-name reports scheduled into the holiday-shortened week.
Macro to watch: follow-through on UK CPI (2.8%) feeding rate-cut odds; oil/Brent and the Iran headlines driving energy and the safe-haven bid.



Not financial advice. Always DYOR. Capital at risk.