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FTSE 100 Daily Technical Analysis & Setups

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1 month 1 week ago #18437 by remo


Wednesday 18 March 2026
Data: Close 17 March | UKX: 10,403.60 | Futures: ~10,425 (+0.2%) | Range: 10,200-10,367



MARKET OVERVIEW

FTSE 100 closed at 10,403.60 on Tuesday, +85.9 pts (+0.8%), settling above 10,400 for the first time in a week. Futures called up ~13 pts this morning. Session has seen a wide range (10,200-10,367), futures now ~10,425.

Drivers:
- Oil softening from $100/bbl -- easing broader pressure, helping airlines & consumer stocks
- Miners & airlines rebounding -- classic relief rally from oversold conditions
- FOMC tonight + BoE tomorrow -- cautiously optimistic neither sounds excessively hawkish
- Iraq-Turkey pipeline deal easing some energy supply fears

Bias: Cautiously bullish -- support 10,200, resistance 10,400. FOMC tonight is the swing factor. Expect positioning to tighten into the afternoon.



SECTOR HEATMAP

WEAK
Banking (LLOY, BARC, NWG, STAN) -- all below EMA20/50. RSI 35-43. MACD bearish across the board.
Mining (AAL, ANTO) -- well below EMA20/50 despite above EMA200. MACD deeply bearish.
Insurance (PRU, LGEN) -- below key EMAs. PRU MACD just turned bullish (early recovery signal).

STRONG
Utilities (SSE) -- above all EMAs, RSI 65.8 -- clear sector leader.
Consumer Staples (TSCO, HLN) -- both above all EMAs with bullish RSI.
Business Services (RTO) -- above all EMAs, RSI 59.2, MACD bullish -- near 52w high.

MIXED
IMB above all EMAs but pulling back (-1.2%). VOD neutral above all EMAs. BNZL strong momentum (RSI 65.7, MACD bull) but still below EMA200 -- recovery not yet confirmed. WPP, INF deeply weak.



DAILY SIGNALS -- 20 STOCKS
Verified programmatically: every classification below confirmed by strict close vs EMA comparison.

BULL (above all EMAs)
RTO 484.50 (+0.96%) -- RSI 59.2, MACD Bull, only 1.9% from 52w high -- STRONGEST CHART
SSE 2743 (+0.96%) -- RSI 65.8, MACD flat (55.31 vs 56.05), 4.1% from 52w high
TSCO 491.20 (+0.12%) -- RSI 63.9, MACD slight bear (5.77 vs 5.99), 3.3% from 52w high
HLN 395.00 (+2.41%) -- RSI 55.4, MACD bear (-2.9 vs -2.32), closed on the highs
VOD 111.15 (+1.41%) -- RSI 52.9, MACD flat (-0.32 vs 0.19)
IMB 3215 (-1.20%) -- RSI 51.3, MACD bear cross (-2.52 vs 2.15). Pullback within uptrend -- closed on its low.

BULL (above 20/50, below 200)
BNZL 2304 (+1.50%) -- RSI 65.7, MACD Bull (43.14 vs 35.25). Strong short-term momentum BUT 2304 < EMA200 (2321.32). Recovery not confirmed until 2321 clears. Mean reversion flag: RSI 65.7 with price far above EMA20 -- stretched.

MIXED
AV 647.60 (+1.09%) -- Above EMA20 (642.08), below EMA50 (647.95), above EMA200 (635.69). RSI 51.6 neutral. Stuck between EMAs.
SGE 859.60 (+1.61%) -- Above EMA20 (842.79), below EMA50 (895.34) and EMA200 (1042.73). RSI 52.3. MACD recovering (-10.97 vs -20.52, M > S). Still structurally broken but momentum improving.

BEAR (below 20/50, above 200)
PRU 1095 (+0.46%) -- RSI 46.7. MACD just crossed bullish (-15.69 > -16.64). Earliest recovery signal in the banking/insurance group.
STAN 1603.50 (+3.45%) -- RSI 38.8. MACD bear (-59.35 vs -44.83). Biggest daily gainer but still in downtrend.
NWG 581.60 (+1.43%) -- RSI 43.1. MACD bear (-14.37 vs -13.64).
LLOY 96.20 (+1.37%) -- RSI 42.3. MACD bear (-2.04 vs -1.64).
AAL 3135 (+0.61%) -- RSI 38.5. MACD deeply bearish (-92.35 vs -41.69). Not responding to commodity prices -- red flag.
ANTO 3562 (+1.16%) -- RSI 42.8. MACD bear (-49.88 vs 22). Huge MACD divergence from signal.

BEAR (below ALL EMAs)
BARC 393.75 (+1.44%) -- RSI 35.0. 393.75 < EMA200 (405.47). Death cross confirmed. -22.2% from high.
LGEN 251.10 (+1.29%) -- RSI 43.7. 251.10 < EMA200 (251.75) by just 0.65p. Below all three.
ABF 1880 (+0.37%) -- RSI 44.4. Below all. -20.3% from high.
WPP 237.10 (+0.51%) -- RSI 36.8. -62.6% from 52w high (634). EMA200 at 372.62 -- would need +57%. Broken chart.
INF 759.20 (-0.21%) -- RSI 32.7 (lowest in scanner). Below all. -24.1% from high.



SWING TRADE SETUPS

RTO (Rentokil) -- Bullish Continuation [4/5 confluence]

The standout long. 1.9% from 52w high (493.90). Bullish EMA stack (20 > 50 > 200). RSI 59.2 -- strong momentum without overbought risk. MACD bullish with expanding histogram (6.83 vs 2.88).

Entry: 485-486 (pullback to yesterday's close)
Stop: 464 (below EMA20 at 465.53 -- 1.4x ATR)
T1: 494 (52w high test) · T2: 510 (round number breakout)
R:R: 1:1.1 on T2 · Position: Full size (1% risk = stop ~21p)
Kill: Close below EMA20 (465.53)

SSE -- Buy the Dip [4/5 confluence]

Powerful uptrend. Price 95p above EMA20, 222p above EMA50. RSI 65.8. MACD slightly below signal (55.31 vs 56.05) -- consolidation, not reversal. Only 4.1% from 52w high (2859.89).

Entry: 2720-2730 (dip toward S1 / Cam S3)
Stop: 2640 (below EMA20 at 2647.71 -- 1.1x ATR)
T1: 2786 (classic R2) · T2: 2860 (52w high retest)
R:R: 1:1.5 on T2 · Position: Full size
Kill: Close below 2648

STAN -- Mean Reversion Bounce [3/5 confluence]

+3.45% yesterday = demand exists. RSI 38.8 (near oversold). Price above EMA200 (1550.55) providing structural floor. Gap to EMA20 (1682.50) = 79p -- rubber band stretched at 1.3x ATR. Classic mean reversion candidate.

Exhaustion signals present: Big daily gain shows buying pressure returning. EMA200 holding as support. RSI approaching 30s.
Entry: 1590-1605 (at pivot)
Stop: 1548 (below EMA200 -- hard floor)
T1: 1645 (classic R2) · T2: 1682 (EMA20 = the mean)
R:R: 1:1.6 on T2 · Position: HALF SIZE (counter-trend)
Kill: Close below EMA200 (1550)

INF -- Oversold Reversal Watch [3/5 confluence]

Lowest RSI in scanner (32.7). Wide range yesterday (755.80-792.40) closed near lows -- selling exhaustion pattern. Price 36p below EMA20 (795.44) = 1.4x ATR stretched.

Exhaustion signals: Wide range close near low, RSI sub-33, approaching classic S1 support.
Entry: 755-760 (retest of yesterday's low / S1 area)
Stop: 730 (below classic S2 -- 1x ATR)
T1: 795 (EMA20) · T2: 832 (EMA50)
R:R: 1:2.6 on T2 · Position: HALF SIZE (counter-trend)
Kill: Close below 730



INTRADAY SETUPS

STAN -- Pivot Bounce Long R:R 1:2.4
Session type: Pivot retest. Yesterday's +3.45% suggests buyers present.
Entry 1569 (classic S1) on bullish 5m/15m candle · Stop 1555 (below EMA200)
Target 1603 (pivot/close) then 1625 (R1)

TSCO -- Camarilla Range Fade R:R 1:1.6
Session type: Range day. Tightest Cam range in scanner (S3 489.17 to R3 493.24 = 4.07p = 0.8% of price -- ideal for fading).
Long 489.20 (Cam S3) · Stop 487.10 (Cam S4) · Target 493.24 (Cam R3)
Bullish daily trend strongly favours the long side. Only short R3 if RSI > 70 on 15m.

ANTO -- Camarilla Breakout Short R:R 1:3.3
Session type: Potential trend day. Wide Cam range (S4 3486 to R4 3638 = 151p). Bearish daily trend + MACD deeply negative. Break below Cam S4 = sellers in control.
Entry 3485 (confirmed 15m close below Cam S4) · Stop 3525 (above Cam S3)
T1 3422 (classic S2) · T2 3354 (classic S3)

HLN -- Pivot Bounce Long R:R 1:1.9
Session type: Pivot bounce. Closed on its daily high (395 = high) -- strong demand. Consumer staple = defensive in risk-off.
Entry 392.30 (classic pivot) · Stop 389.50 (S1) · Target 397.70 (R1) then 400.50 (R2)



KEY LEVELS -- TOP 5

RTO (Bullish -- near 52w high breakout)
Cam: S4 478.67 · S3 481.59 · S1 483.53 || R1 485.47 · R3 487.42 · R4 490.33
Classic: S2 470.50 · S1 477.50 · Pivot 481.10 · R1 488.10 · R2 491.70
EMAs: 20=465.53 · 50=457.15 · 200=421.32 | 52w High: 493.90

SSE (Bullish trend leader)
Cam: S4 2718.25 · S3 2730.63 · S1 2738.88 || R1 2747.13 · R3 2755.38 · R4 2767.75
Classic: S2 2696.33 · S1 2719.67 · Pivot 2741.33 · R1 2764.67 · R2 2786.33
EMAs: 20=2647.71 · 50=2521.31 · 200=2144.05 | 52w High: 2859.89

STAN (Mean reversion bounce)
Cam: S4 1572.98 · S3 1588.24 · S1 1598.41 || R1 1608.59 · R3 1618.76 · R4 1634.03
Classic: S2 1534.83 · S1 1569.17 · Pivot 1590.33 · R1 1624.67 · R2 1645.83
EMAs: 20=1682.50 · 50=1730.60 · 200=1550.55 | 52w High: 1924

TSCO (Camarilla range trade)
Cam: S4 487.13 · S3 489.17 · S1 490.52 || R1 491.88 · R3 493.24 · R4 495.27
Classic: S2 484.87 · S1 488.03 · Pivot 492.27 · R1 495.43 · R2 499.67
EMAs: 20=477.53 · 50=465.43 · 200=435.35 | 52w High: 508

ANTO (Bearish breakout watch)
Cam: S4 3486.38 · S3 3524.19 · S1 3549.40 || R1 3574.60 · R3 3599.81 · R4 3637.63
Classic: S2 3421.33 · S1 3491.67 · Pivot 3558.83 · R1 3629.17 · R2 3696.33
EMAs: 20=3790.18 · 50=3684.24 · 200=2941.53 | 52w High: 4475



BEARISH WARNINGS

BARC -- RSI 35.0 · Below EMA200 (405.47) · Death cross · -22.2% from high · No reversal signals. Avoid longs.
WPP -- RSI 36.8 · -62.6% from high · EMA200 at 372 -- would need +57% to reach it. Broken chart. No setup.
AAL -- RSI 38.5 · MACD -92.35 (deepest in scanner) · Not responding to rising commodity prices. Company-specific headwinds.
ABF -- RSI 44.4 · Below all EMAs · Primark consumer weakness + rising input costs from oil surge.
INF -- RSI 32.7 (lowest) · Closed near lows on wide range (755-792) · Distribution pattern. Potential oversold bounce (see swing setup) but trend is firmly down.



EVENTS

Wed 18: UK CPI data (07:00 GMT) · US FOMC rate decision + dot plot (18:00 GMT) -- MAJOR EVENT
Thu 19: Bank of England rate decision (12:00 GMT) · UK retail sales
Ongoing: Middle East / Strait of Hormuz -- any escalation/de-escalation moves oil and the whole FTSE

Key risk: FOMC + BoE double-header on Wed/Thu = high-vol week. Consider reducing position sizes to 0.5% risk and tightening stops around these events.



Report: 18 March 2026 07:00 GMT · Data: TradingView scanner (close 17 March)
All EMA classifications verified programmatically against raw data.
Not financial advice. Always DYOR. Capital at risk.

The following user(s) said Thank You: annes goal

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