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LLOYDS BANKING GROUP PLC ADS
LLOYDS BANKING GROUP PLC ADS
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: LYG
ISIN:

LLOYDS BANKING GROUP PLC ADS - 1H - Technical analysis published on 09/12/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 2.02 USD
My targets
2.12 USD (+1.44%)
2.16 USD (+3.35%)
My analysis
The strong short-term increase for LLOYDS BANKING GROUP PLC ADS reinforces the current slightly bullish trend. As long as the price remains above 2.02 USD, you could take advantage of this bullish acceleration. The first bullish objective is located at 2.12 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.16 USD as an objective. Crossing it would then enable buyers to target 2.19 USD. A return to 2.02 USD would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.2

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.

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15 min. Daily Weekly

Additional analysis

Quotes

LLOYDS BANKING GROUP PLC ADS rating 2.09 USD. The price registered an increase of +2.96% on the session and was between 2.06 USD and 2.09 USD. This implies that the price is at +1.46% from its lowest and at 0% from its highest.

2.06
2.09
2.09

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by LLOYDS BANKING GROUP PLC ADS:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this LLOYDS BANKING GROUP PLC ADS chart shows a slightly bullish trend. 53.57% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1R1PriceR2R3
ProTrendLines 1.94 2.00 2.02 2.09 2.09 2.12 2.16
Change (%) -7.18% -4.31% -3.35% 0% - +1.44% +3.35%
Change -0.15 -0.09 -0.07 0 - +0.03 +0.07
Level Minor Major Minor Minor - Major 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
Standard2.002.022.022.042.042.062.06
Camarilla2.032.032.032.032.032.032.04
Woodie2.002.022.022.042.042.062.06
Fibonacci2.022.022.032.042.042.052.06


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.891.951.982.042.072.132.16
Camarilla2.002.002.012.022.032.042.05
Woodie1.891.941.982.032.072.122.16
Fibonacci1.951.982.002.042.072.092.13


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.831.952.022.142.212.332.40
Camarilla2.052.072.082.102.122.142.15
Woodie1.821.942.012.132.202.322.39
Fibonacci1.952.022.062.142.212.252.33

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 68.87
MACD (12,26,9): 0.0100
Directional Movement: 20.42
AROON (14): 57.14
DEMA (21): 2.05
Parabolic SAR (0,02-0,02-0,2): 2.04
Elder Ray (13): 0.03
Super Trend (3,10): 2.03
Zig ZAG (10): 2.09
VORTEX (21): 1.0700
Stochastique (14,3,5): 83.33
TEMA (21): 2.06
Williams %R (14): -6.25
Chande Momentum Oscillator (20): 0.06
Repulse (5,40,3): 0.5800
ROCnROLL: 1
TRIX (15,9): -0.0200
Courbe Coppock: 3.72
MA7: 2.04
MA20: 2.09
MA50: 2.18
MA100: 2.22
MAexp7: 2.06
MAexp20: 2.04
MAexp50: 2.05
MAexp100: 2.08
Price / MA7: +2.45%
Price / MA20: -0%
Price / MA50: -4.13%
Price / MA100: -5.86%
Price / MAexp7: +1.46%
Price / MAexp20: +2.45%
Price / MAexp50: +1.95%
Price / MAexp100: +0.48%

Quotes : - 15 min delayed data - NYSE Stocks

News


The last news published on LLOYDS BANKING GROUP PLC ADS at the time of the generation of this analysis was as follows:

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

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