LLOYDS BANKING GRP. ORD 10P - Daily - Technical analysis published on 01/06/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 61.39 GBX
My targets
64.43 GBX (+2.19%)
66.57 GBX (+5.58%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on LLOYDS BANKING GRP. ORD 10P as long as the price remains well above 61.39 GBX. The buyers” bullish objective is set at 64.43 GBX. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 66.57 GBX. If there is any crossing, the next objective would be the resistance located at 68.96 GBX. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
6.1
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This analysis was given by Bastien Huneau. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The LLOYDS BANKING GRP. ORD 10P rating is 63.05 GBX. The price registered a decrease of -1.04% on the session and was between 62.46 GBX and 63.80 GBX. This implies that the price is at +0.94% from its lowest and at -1.18% from its highest.62.46
63.80
63.05
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this LLOYDS BANKING GRP. ORD 10P chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 56.38 | 59.19 | 61.39 | 63.05 | 64.43 | 66.57 | 68.96 |
Change (%) | -10.58% | -6.12% | -2.63% | - | +2.19% | +5.58% | +9.37% |
Change | -6.67 | -3.86 | -1.66 | - | +1.38 | +3.52 | +5.91 |
Level | Intermediate | Intermediate | Major | - | Major | Major | Minor |
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 | 62.40 | 62.72 | 62.92 | 63.24 | 63.44 | 63.76 | 63.96 |
Camarilla | 62.98 | 63.03 | 63.07 | 63.12 | 63.17 | 63.22 | 63.26 |
Woodie | 62.34 | 62.69 | 62.86 | 63.21 | 63.38 | 63.73 | 63.90 |
Fibonacci | 62.72 | 62.92 | 63.04 | 63.24 | 63.44 | 63.56 | 63.76 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 55.01 | 58.67 | 60.50 | 64.16 | 65.99 | 69.65 | 71.48 |
Camarilla | 60.82 | 61.32 | 61.83 | 62.33 | 62.83 | 63.34 | 63.84 |
Woodie | 54.10 | 58.21 | 59.59 | 63.70 | 65.08 | 69.19 | 70.57 |
Fibonacci | 58.67 | 60.77 | 62.06 | 64.16 | 66.26 | 67.55 | 69.65 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 49.61 | 52.54 | 56.84 | 59.77 | 64.07 | 67.00 | 71.30 |
Camarilla | 59.16 | 59.82 | 60.49 | 61.15 | 61.81 | 62.48 | 63.14 |
Woodie | 50.31 | 52.88 | 57.54 | 60.11 | 64.77 | 67.34 | 72.00 |
Fibonacci | 52.54 | 55.30 | 57.01 | 59.77 | 62.53 | 64.24 | 67.00 |
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): | 53.90 | |
MACD (12,26,9): | 0.8800 | |
Directional Movement: | 15.87 | |
AROON (14): | 7.14 | |
DEMA (21): | 63.65 | |
Parabolic SAR (0,02-0,02-0,2): | 69.99 | |
Elder Ray (13): | -0.11 | |
Super Trend (3,10): | 60.78 | |
Zig ZAG (10): | 62.88 | |
VORTEX (21): | 0.8700 | |
Stochastique (14,3,5): | 28.92 | |
TEMA (21): | 63.55 | |
Williams %R (14): | -72.92 | |
Chande Momentum Oscillator (20): | 2.48 | |
Repulse (5,40,3): | -0.7900 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.2500 | |
Courbe Coppock: | 6.99 |
MA7: | 63.01 | |
MA20: | 62.31 | |
MA50: | 60.48 | |
MA100: | 56.45 | |
MAexp7: | 63.04 | |
MAexp20: | 62.39 | |
MAexp50: | 60.47 | |
MAexp100: | 58.69 | |
Price / MA7: | +0.06% | |
Price / MA20: | +1.19% | |
Price / MA50: | +4.25% | |
Price / MA100: | +11.69% | |
Price / MAexp7: | +0.02% | |
Price / MAexp20: | +1.06% | |
Price / MAexp50: | +4.27% | |
Price / MAexp100: | +7.43% |
News
Don"t forget to follow the news on LLOYDS BANKING GRP. ORD 10P. At the time of publication of this analysis, the latest news was as follows:
-
Lloyds Banking profits slump after £1.8 billion PPI charge
- DGAP-News: Lloyds Banking Group PLC: Q3 2019 Interim Management Statement
-
Ed Thurman, head of global transaction banking, Lloyds Banking Group – View from Sibos 2019
-
Lloyds Banking raises PPI mis-selling charge
- Trov Launches White-Label Insurtech Platform and Partners with Lloyds Banking Group
This member declared not having a position on this financial instrument or a related financial instrument.
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