LLOYDS BANKING GRP. ORD 10P - Daily - Technical analysis published on 11/29/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 43.018 GBX
My targets
47.910 GBX (+4.57%)
48.913 GBX (+6.76%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on LLOYDS BANKING GRP. ORD 10P. This is a positive signal for buyers. As long as the price remains above 43.018 GBX, a purchase could be considered. The first bullish objective is located at 47.910 GBX. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 48.913 GBX as an objective. Crossing it would then enable buyers to target 52.587 GBX. In the event of a return below 43.018 GBX, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
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
0
10
6.4
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Additional analysis
Quotes
LLOYDS BANKING GRP. ORD 10P rating 45.815 GBX. On the day, this instrument lost -1.07% and was traded between 45.725 GBX and 46.340 GBX over the period. The price is currently at +0.20% from its lowest and -1.13% from its highest.45.725
46.340
45.815
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of LLOYDS BANKING GRP. ORD 10P indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
CCI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 41.571 | 43.018 | 45.133 | 45.815 | 46.106 | 47.910 | 48.913 |
Change (%) | -9.26% | -6.10% | -1.49% | - | +0.64% | +4.57% | +6.76% |
Change | -4.244 | -2.797 | -0.682 | - | +0.291 | +2.095 | +3.098 |
Level | Intermediate | Major | Minor | - | Intermediate | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 44.965 | 45.345 | 45.580 | 45.960 | 46.195 | 46.575 | 46.810 |
Camarilla | 45.646 | 45.702 | 45.759 | 45.815 | 45.871 | 45.928 | 45.984 |
Woodie | 44.893 | 45.309 | 45.508 | 45.924 | 46.123 | 46.539 | 46.738 |
Fibonacci | 45.345 | 45.580 | 45.725 | 45.960 | 46.195 | 46.340 | 46.575 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 43.250 | 44.280 | 45.295 | 46.325 | 47.340 | 48.370 | 49.385 |
Camarilla | 45.748 | 45.935 | 46.123 | 46.310 | 46.498 | 46.685 | 46.872 |
Woodie | 43.243 | 44.276 | 45.288 | 46.321 | 47.333 | 48.366 | 49.378 |
Fibonacci | 44.280 | 45.061 | 45.544 | 46.325 | 47.106 | 47.589 | 48.370 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 34.048 | 36.277 | 39.148 | 41.377 | 44.248 | 46.477 | 49.348 |
Camarilla | 40.618 | 41.085 | 41.553 | 42.020 | 42.488 | 42.955 | 43.423 |
Woodie | 34.370 | 36.438 | 39.470 | 41.538 | 44.570 | 46.638 | 49.670 |
Fibonacci | 36.277 | 38.225 | 39.429 | 41.377 | 43.325 | 44.529 | 46.477 |
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): | 62.50 | |
MACD (12,26,9): | 0.8790 | |
Directional Movement: | 18.406 | |
AROON (14): | 92.857 | |
DEMA (21): | 45.361 | |
Parabolic SAR (0,02-0,02-0,2): | 44.549 | |
Elder Ray (13): | 1.141 | |
Super Trend (3,10): | 43.463 | |
Zig ZAG (10): | 45.815 | |
VORTEX (21): | 1.2040 | |
Stochastique (14,3,5): | 81.62 | |
TEMA (21): | 46.196 | |
Williams %R (14): | -30.11 | |
Chande Momentum Oscillator (20): | 2.515 | |
Repulse (5,40,3): | -1.7750 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.2000 | |
Courbe Coppock: | 14.40 |
MA7: | 45.730 | |
MA20: | 43.909 | |
MA50: | 43.304 | |
MA100: | 43.773 | |
MAexp7: | 45.529 | |
MAexp20: | 44.376 | |
MAexp50: | 43.752 | |
MAexp100: | 43.796 | |
Price / MA7: | +0.19% | |
Price / MA20: | +4.34% | |
Price / MA50: | +5.80% | |
Price / MA100: | +4.66% | |
Price / MAexp7: | +0.63% | |
Price / MAexp20: | +3.24% | |
Price / MAexp50: | +4.72% | |
Price / MAexp100: | +4.61% |
Quotes :
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End-of-day data
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London Stock Exchange
News
The latest news and videos published on LLOYDS BANKING GRP. ORD 10P at the time of the analysis were as follows:
- EQS-News: Lloyds Banking Group PLC: 2022 Q3 Interim Management Statement
- Lloyds Banking Group (LBG) delivers its Innovation Sandbox
- Lloyd's Register Foundation report reveals that one third of people globally facing imminent financial ruin upon losing their income
- Argo Group Announces Sale of Lloyd’s Syndicate 1200 to Westfield
- Stock of the Week: Lloyds Banking Group
This member declared not having a position on this financial instrument or a related financial instrument.
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