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Lloyds Banking Group (LLOY)

58.45p

15:40 17/01/20

  • 0.95% 0.55p
  • Today's Low & High
  • 57.89 / 58.73
  • Open / Previous Close
  • 58.31 / 58.45
  • 52-week range
  • 4.13% 2.32p
  • Volume
  • 132,858,904
  • Market Cap(million)
  • £40,945.72m

58.53p REAL TIME BATS

  • 16:43 17/01/20
  • 1.35%
  • 0.78p

Technical Analysis

Support and resistance levels

S1

0.55
-4.00%

R1

0.61
5.00%

S2

0.49
-16.00%

R2

0.66
14.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 0.58
  • 0.58
  • Levels of negotiation support resistance
  • 0.59
  • 0.60

Technical situation

Short term falls extend with further objectives at 0.55

Recommendation

Short term comment

Mid/long-term scenario has turned to neutral-bearish. Shorter terms, however, point a neutral bias since it set highs at 0.66. The recent lows set at 0.58 provide some support, though additional wider falls can't be yet ruled out; these would have a goal at 0.55. Rebounds from these levels would only bias upwards the short term if it should break above the resistance at 0.61.

Long term comment

From some weeks ago, However, it must be considered that, since the last highs, it's showing certain exhaustion in this trend, which should stand for extreme caution in spite of a downwards turn.long-term scenario remains bearish.

Indicator Previous Current Signal Comment
RSI 7 16.13 16.13 The RSI 7 shows an oversold situation (vulnerability of bearish trend).
RSI 14 33.37 33.37 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 40.72 40.72 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 48.50 48.50 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 49.49 49.49 The RSI 200 doesn't show any sign of overbuy/oversell.
Fast Stochastic n/a n/a Bearish trend exhaustion signals, confirmed with turning signal.
Slow Stochastic n/a n/a Bearish trend exhaustion signals, without turning signal.
Simple Moving Average 7 0.60 0.59
Simple Moving Average 21 0.62 0.62
Simple Moving Average 50 0.61 0.61
Simple Moving Average 200 0.58 0.58 Indefinite long-term trend.
Exponential Moving Average 7 0.60 0.59
Exponential Moving Average 21 0.61 0.61
Exponential Moving Average 50 0.61 0.61
Exponential Moving Average 200 0.61 0.61 Indefinite long-term trend.
MACD Line -0.01 -0.01 Price following bullish trend.
MACD Signal 0.00 0.00 Price following bullish trend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 0.61 0.61
Double Exponential Moving Average 21 0.62 0.62
Double Exponential Moving Average 50 0.62 0.62
Double Exponential Moving Average 200 0.62 0.62 Indefinite long-term trend.
Divergences n/a n/a NO
On Balance Vol. -33,996,952.04 -35,516,837.47 OBV is bearish.
Momentum 7 -0.05 -0.04 Extremely high falling speed in the very short term.
Momentum 7 -0.05 -0.05 Extremely high short-term falling speed.
% K Williams 85.71 85.71 Oversold, would favour a bullish turn.
Priority Date Notification
20/01/2020 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.
20/01/2020 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
17/01/2020 Clear oversell according to RSI7, which could develop a short-term turn.
17/01/2020 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
16/01/2020 Clear oversell according to RSI7, which could develop a short-term turn.
16/01/2020 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
15/01/2020 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.
15/01/2020 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
14/01/2020 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.
14/01/2020 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
13/01/2020 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.