LLOY.L Forecast and Technical Stock Analysis
Sell candidate since 2019-07-17 Loss -13.43%
Lloyds Banking Group plc gained 0.58% in the last trading day ( Monday, 19th Aug 2019 ), rising from $0.50 to $0.50 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 1.19% from a day low at $0.50 to a day high of $0.50. The price has fallen in 5 of the last 10 days and is down by -0.48% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 2.02 million more shares were traded than the day before. In total, 152.17 million shares bought and sold for approximately $75.99 million.
- 30 day high of the LLOY.L stock price was $0.57 and low was $0.48.
- 90 day high was $0.61 and low was $0.48.
- 52 week high for Lloyds Banking Group plc - $59.68 and low - $0.48.
Lloyds Banking Group plc lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -13.97% during the next 3 months and, with 90% probability hold a price between $0.42 and $0.46 at the end of this period.
A buy signal was issued from a pivot bottom point on Thursday August 15, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Lloyds Banking Group plc holds a buy signal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $0.54. On a fall, the stock will find some support from the short-term average at $0.49. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal.
Relative Strength Index (RSI)
RSImin/max Values: [ 20 - 80 ]
RSI14 is 20 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Lloyds Banking Group plc finds support from accumulated volume at $0.50.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.01 between high and low, or 1.19%. For the last week, the stock has had a daily average volatility of 1.82%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
1.82 %Average volatility
Very Low Low Medium High Very High
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!