LLOYDS BANKING GROUP PLC ADS

- USD (-)

- 15 min delayed data - NYSE Stocks

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Type:	Stocks
Ticker:	LYG
ISIN:

LLOYDS BANKING GROUP PLC ADS - Daily - Technical analysis published on 10/23/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Bullish

De fond: Slightly bullish

Technical indicators

78%

22%

My opinion

Bullish above 1.42 USD

My targets

1.55 USD (+3.13%)

1.70 USD (+13.33%)

My analysis

The basic trend is currently slightly bullish on LLOYDS BANKING GROUP PLC ADS and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 1.42 USD, purchases could be favourable. The first bullish objective would be the resistance located at 1.55 USD. Then the price could move towards 1.70 USD. Then 1.85 USD by extension. A return under the support to 1.42 USD could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

5.5

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by 3ba0550. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The LLOYDS BANKING GROUP PLC ADS rating is 1.50 USD. The price registered an increase of +4.90% on the session and was between 1.46 USD and 1.50 USD. This implies that the price is at +2.74% from its lowest and at 0% from its highest.

1.46

1.50

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by LLOYDS BANKING GROUP PLC ADS:

Technical

Technical analysis of LLOYDS BANKING GROUP PLC ADS in Daily shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The overall trend remains fragile, as do the slightly bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	1.29	1.50	1.70	1.85	2.48
Change (%)	-14.00%	-	+13.33%	+23.33%	+65.33%
Change	-0.21	-	+0.20	+0.35	+0.98
Level	Major	-	Minor	Intermediate	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.31	1.34	1.39	1.42	1.47	1.50	1.55
Camarilla	1.41	1.42	1.42	1.43	1.44	1.45	1.45
Woodie	1.31	1.35	1.39	1.43	1.47	1.51	1.55
Fibonacci	1.34	1.37	1.39	1.42	1.45	1.47	1.50

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.15	1.22	1.29	1.36	1.43	1.50	1.57
Camarilla	1.31	1.32	1.34	1.35	1.36	1.38	1.39
Woodie	1.14	1.22	1.28	1.36	1.42	1.50	1.56
Fibonacci	1.22	1.28	1.31	1.36	1.42	1.45	1.50

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.92	1.05	1.17	1.30	1.42	1.55	1.67
Camarilla	1.23	1.25	1.28	1.30	1.32	1.35	1.37
Woodie	0.93	1.05	1.18	1.30	1.43	1.55	1.68
Fibonacci	1.05	1.14	1.20	1.30	1.39	1.45	1.55

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	67.14
MACD (12,26,9):	0.0200
Directional Movement:	15.82
AROON (14):	42.86
DEMA (21):	1.40
Parabolic SAR (0,02-0,02-0,2):	1.30
Elder Ray (13):	0.09
Super Trend (3,10):	1.32
Zig ZAG (10):	1.49
VORTEX (21):	1.1400
Stochastique (14,3,5):	76.53
TEMA (21):	1.43
Williams %R (14):	-2.50
Chande Momentum Oscillator (20):	0.10
Repulse (5,40,3):	3.1400
ROCnROLL:	1
TRIX (15,9):	0.1300
Courbe Coppock:	9.58

MA7:	1.38
MA20:	1.37
MA50:	1.36
MA100:	1.44
MAexp7:	1.41
MAexp20:	1.37
MAexp50:	1.37
MAexp100:	1.45
Price / MA7:	+8.70%
Price / MA20:	+9.49%
Price / MA50:	+10.29%
Price / MA100:	+4.17%
Price / MAexp7:	+6.38%
Price / MAexp20:	+9.49%
Price / MAexp50:	+9.49%
Price / MAexp100:	+3.45%

Quotes : 2020-10-23 19:07:01 - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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