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Lloyds Banking Group (LLOY)

24.29p

15:59 22/09/20

  • 1.29% 0.31p
  • Today's Low & High
  • 23.59 / 24.74
  • Open / Previous Close
  • 24.26 / 24.29
  • 52-week range
  • -56.24% -31.22p
  • Volume
  • 195,960,256
  • Market Cap(million)
  • £17,194.40m

24.39p REAL TIME BATS

  • 16:30 22/09/20
  • 1.94%
  • 0.47p

Technical Analysis

Support and resistance levels

S1

21.40
-10.75%

R1

28.56
19.11%

S2

18.58
-22.51%

R2

31.78
32.51%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 23.40
  • 22.81
  • Levels of negotiation support resistance
  • 24.81
  • 25.63

Technical situation

Short-term bearish scenario as long as it does not exceed 28.563.

Recommendation

Short term comment

The technical structure can be described as bearish very pressured by the 28.563 area and increasing the risk of overbought and setbacks It would have to break up 28.563 to propose the change to a more neutral scenario where bulls and bears are more balanced.

Long term comment

After the previous decline, with a -62.6% decline, there was a significant upward rebound phase of 135.7%, which began on the 16th of august at 25.433, and ended at the highs of 59.940 (27-august-2020), the fall current has surpassed the previous minimums, in 25.433, reaching at the moment 23.640 (20-september-2020) without sign of stability.

Indicator Previous Current Signal Comment
RSI 7 25.30 16.90 The RSI indicates oversold (vulnerability of the bearish trend).
RSI 14 31.20 25.20 The RSI does not warn of overbought or oversold.
RSI 21 35.10 30.60 The RSI does not warn of overbought or oversold.
RSI 50 40.80 39.10 The RSI does not warn of overbought or oversold.
RSI 200 43.80 43.40 The RSI does not warn of overbought or oversold.
Fast Stochastic n/a n/a Signs of bearish exhaustion with turn signal.
Slow Stochastic n/a n/a Signs of bearish exhaustion with turn signal.
Simple Moving Average 7 26.13 25.78 Very short term trend extremely bearish.
Simple Moving Average 21 27.08 26.88 Bearish trend in the short-medium term.
Simple Moving Average 50 28.25 28.12 Bullish in the medium term.
Simple Moving Average 200 37.84 37.68 Extremely bearish trend in the long-term.
Exponential Moving Average 7 26.12 25.59 Very short term trend extremely bearish.
Exponential Moving Average 21 26.93 26.66 Bearish trend in the short-medium term.
Exponential Moving Average 50 28.18 28.02 Bullish in the medium term.
Exponential Moving Average 200 35.51 35.40 Extremely bearish trend in the long-term.
MACD Line 0.40 0.60 Price in downtrend.
MACD Signal 0.10 0.30 Price in downtrend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 26.12 25.59 Very short term trend extremely bearish.
Double Exponential Moving Average 21 26.93 26.66 Bearish trend in the short-medium term.
Double Exponential Moving Average 50 28.18 28.02 Bullish in the medium term.
Double Exponential Moving Average 200 35.51 35.40 Extremely bearish trend in the long-term.
Divergences n/a n/a NO
On Balance Vol. -10,676,447,034.00 -10,919,598,008.00 OBV supports falls.
Momentum 7 -1.18 -1.90 Very short term fall rate is strong, but not extreme.
Momentum 7 -1.70 -3.04 Very short term fall rate is strong, but not extreme.
% K Williams 100.00 94.00 Oversold, would support a bullish turn.
Priority Date Notification
22/09/2020 The RSI7 indicates short term oversold, which may reflect, renewed upward short-term recovering.
22/09/2020 Bullish fast stochastic signal. The previous close indicates the possibility of rebounds after a recent negative phase.
21/09/2020 Being near (below) the short-term moving average may lead to a decline, although if it breaks above the level the signal would be reversed to bullish.
21/09/2020 Being near (below) the short-term moving average may lead to a decline, although if it breaks above the level the signal would be reversed to bullish.
21/09/2020 Bullish fast stochastic signal. The previous close indicates the possibility of rebounds after a recent negative phase.
18/09/2020 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
18/09/2020 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
18/09/2020 The price is close to supports. It is recommended to monitor if bulls are back in control when they are reached.
18/09/2020 Bullish fast stochastic signal. The previous close indicates the possibility of renewed bullish momentum after a recent negative phase.
17/09/2020 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
17/09/2020 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.