Market Insights

Technical charts

Technical charts

Market moving averages

Chart showing the market price index over the past year alongside its 50 day moving average and its 200 day moving average.

Relative market moving averages

Chart showing the market price index relative to World Equities over the past year alongside its 50 day moving average and its 200 day moving average. An increase means that the market is outperforming world equities.

Exponential moving averages

Chart showing the market price index over the past year alongside its 50 day exponential moving average and its 200 day exponential moving average. Exponential moving averages shorten the lag between the moving average and the price index by placing higher weightings on recent prices.

Relative exponential moving averages

Chart showing the market price index relative to World Equities over the past year alongside its 50 day exponential moving average and its 200 day exponential moving average. An increase means that the market is outperforming world equities. Exponential moving averages shorten the lag between the moving average and the price index by placing higher weightings on recent prices.

Market Moving Average Convergence Divergence (MACD)

Chart showing the market price index over the past year alongside its MACD. When the MACD is above zero the market has upward momentum and when it is below zero the market has downward momentum. The MACD is above zero when the 12-day moving average is above the 26-day moving average.

Relative Market Moving Average Convergence Divergence (MACD)

Chart showing the market price index relative to World Equities over the past year alongside its MACD. When the MACD is above zero the market has upward momentum and when it is below zero the market has downward momentum. The MACD is above zero when the 12-day moving average is above the 26-day moving average.

Relative Strength Index (RSI)

Chart showing the market price index over the past year alongside its RSI. An RSI above its Upper Bound indicates an overbought market just as an RSI below its Lower Bound indicates oversold market. The RSI is a measure of the magnitude of gains compared to losses over a short period.

Fibonacci (1-Year)

Chart showing the market price index over the past year alongside its Fibonacci Retracement lines. Levels of market price support and market price resistance often correspond to these lines. The top line is the market high over the past year and the bottom line is the market low. The lines in between are drawn at intervals determined by Fibonacci’s ‘golden ratio’.

Fibonacci (5-Year)

Chart showing the market price index a 5 year period alongside its Fibonacci Retracement lines. Levels of market price support and market price resistance often correspond to these lines. The top line is the market high over the past 5 years and the bottom line is the market low. The lines in between are drawn at intervals determined by Fibonacci’s ‘golden ratio’.