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Legal & General Group (LGEN)

223.10p

15:00 23/08/19

  • 1.18% 2.60p
  • Today's Low & High
  • 221.80 / 224.90
  • Open / Previous Close
  • 222.40 / 220.50
  • 52-week range
  • -12.75% -32.60p
  • Volume
  • 9,685,746
  • Market Cap(million)
  • £13,306.76m

222.10p REAL TIME BATS

  • 16:16 23/08/19
  • 0.82%
  • 1.80p

Technical Analysis

Support and resistance levels

S1

2.21
0.00%

R1

2.60
18.00%

S2

2.18
-1.00%

R2

2.91
32.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 2.19
  • 2.16
  • Levels of negotiation support resistance
  • 2.24
  • 2.26

Technical situation

Bearish bias after the loss of support at 2.18/ Very short-term stabilization above 2.21.

Recommendation

Short term comment

Losses from the last relative highs set at 2.91 makes the long-term bullish scenario to be recently discarded. Very short-term falls restrainment gives a positive signal that will remain as long as it doesn't lose support at 2.21.

Long term comment

--

Indicator Previous Current Signal Comment
RSI 7 21.61 18.91 The RSI 7 shows an oversold situation (vulnerability of bearish trend).
RSI 14 22.57 21.05 The RSI 14 shows an oversold situation (vulnerability of bearish trend).
RSI 21 25.95 24.71 The RSI 21 shows an oversold situation (vulnerability of bearish trend).
RSI 50 35.96 35.17 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 46.03 45.75 The RSI 200 doesn't show any sign of overbuy/oversell.
Fast Stochastic n/a n/a Bearish trend exhaustion signals, without turning signal.
Slow Stochastic n/a n/a Bearish trend exhaustion signals, confirmed with turning signal.
Simple Moving Average 7 2.29 2.27
Simple Moving Average 21 2.47 2.45
Simple Moving Average 50 2.61 2.60
Simple Moving Average 200 2.61 2.61
Exponential Moving Average 7 2.29 2.27
Exponential Moving Average 21 2.43 2.41
Exponential Moving Average 50 2.43 2.41
Exponential Moving Average 200 2.43 2.41 Indefinite long-term trend.
MACD Line -0.11 -0.12 Price following bullish trend.
MACD Signal -0.09 -0.10 Price following bullish trend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 2.36 2.34 Very short-term trend is bearish.
Double Exponential Moving Average 21 2.61 2.59 Bearish mid-term trend.
Double Exponential Moving Average 50 2.61 2.59
Double Exponential Moving Average 200 2.61 2.59
Divergences n/a n/a NO
On Balance Vol. -6,443,102.35 -6,386,052.51 OBV is bearish.
Momentum 7 -0.12 -0.15 Extremely high falling speed in the very short term.
Momentum 7 -0.36 -0.31 Extremely high short-term falling speed.
% K Williams 88.46 95.45 Oversold, would favour a bullish turn.
Priority Date Notification
23/08/2019 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.
23/08/2019 RSI14 points some overselling, which if increasing, is likely to reflect renewed short and mid term bullish pressure.
23/08/2019 RSI7 points some overselling, which if increasing, is likely to reflect renewed mid term bullish pressure.
23/08/2019 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
22/08/2019 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.
22/08/2019 RSI14 points some overselling, which if increasing, is likely to reflect renewed short and mid term bullish pressure.
22/08/2019 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
21/08/2019 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.
21/08/2019 RSI14 points some overselling, which if increasing, is likely to reflect renewed short and mid term bullish pressure.
21/08/2019 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
20/08/2019 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.