#FTSE #STOXX Construction company Kier Group seem to be facing a bit of a share meltdown, something of a surprise given their initiative of indulging in a share buyback. Generally speaking, we’re always quite enthusiastic about this tactic by companies as anything which reduces the number of shares “in issue” usually invokes the core law of supply and demand – essentially the rarer something is, the more expensive it gets. Once a major company starts playing this game, it’s unusual for a share price to suffer.
However…
It feels like Kier Group may have done something to offend the market as the price is currently viewed as entering a reversal cycle. At present. weakness below 118 points at the potential of reversals to an initial 104p with our secondary, if broken, working out at 80p, hopefully bouncing before such a target level is achieved as the longer term implications of such a target level breaking are grotty.
On the bright side, we’ve an interesting scenario where, should the share price bounce from our initial 104p drop target level, any solid bounce which toddles above 145p should continue to an initial 171p with our secondary, if bettered, at 192p. In fact, in this instance, we suspect the market shall eventually commence solid recovery movement with an upward price gap, making an eventual 209p a viable ambition.
Sorry to be short and sharp with this ‘un. The lack of words and humour doesn’t reflect our thoughts on the potentials here. Essentially, we suspect the current season of reversals shall prove “fake”. Here’s hoping!
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
| 11:39:50PM | BRENT | 8694.6 | ||||||||
| 10:54:08PM | GOLD | 3033.21 | ||||||||
| 10:58:16PM | FTSE | 8705.9 | 8680 | 8670 | 8650 | 8704 | 8730 | 8747 | 8769 | 8696 |
| 11:00:20PM | STOX50 | 5481.3 | 5458 | 5440 | 5419 | 5475 | 5503 | 5510 | 5524 | 5473 |
| 11:04:14PM | GERMANY | 23368.6 | ||||||||
| 11:05:59PM | US500 | 5619.1 | ||||||||
| 11:11:10PM | DOW | 41634.5 | ||||||||
| 11:13:31PM | NASDAQ | 19505.5 | ||||||||
| 11:15:36PM | JAPAN | 37943.3 |
18/03/2025 FTSE Closed at 8705 points. Change of 0.29%. Total value traded through LSE was: £ 5,945,136,476 a change of 0.41%
17/03/2025 FTSE Closed at 8680 points. Change of 0.56%. Total value traded through LSE was: £ 5,920,651,803 a change of 10.88%
14/03/2025 FTSE Closed at 8632 points. Change of 1.05%. Total value traded through LSE was: £ 5,339,805,616 a change of -8.09%
13/03/2025 FTSE Closed at 8542 points. Change of 0.02%. Total value traded through LSE was: £ 5,809,805,582 a change of -17.07%
12/03/2025 FTSE Closed at 8540 points. Change of 0.52%. Total value traded through LSE was: £ 7,005,575,880 a change of -4.97%
11/03/2025 FTSE Closed at 8496 points. Change of -1.21%. Total value traded through LSE was: £ 7,372,262,809 a change of -3.66%
10/03/2025 FTSE Closed at 8600 points. Change of -0.91%. Total value traded through LSE was: £ 7,652,125,992 a change of 21.38% 
SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.
Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION
Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.
UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.
We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…
Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares
Click Epic to jump to share: LSE:AV. Aviva** **LSE:BT.A British Telecom** **LSE:FGP Firstgroup** **LSE:FRES Fresnillo** **LSE:GKP Gulf Keystone** **LSE:IHG Intercontinental Hotels Group** **
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Updated charts published on : Aviva, British Telecom, Firstgroup, Fresnillo, Gulf Keystone, Intercontinental Hotels Group,
LSE:AV. Aviva. Close Mid-Price: 560.4 Percentage Change: + 0.61% Day High: 560.6 Day Low: 556.4
Further movement against Aviva ABOVE 560.6 should improve acceleration to ……..
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View Previous Aviva & Big Picture ***
LSE:BT.A British Telecom. Close Mid-Price: 161.2 Percentage Change: + 1.58% Day High: 162.15 Day Low: 159
In the event of British Telecom enjoying further trades beyond 162.15, th ……..
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View Previous British Telecom & Big Picture ***
LSE:FGP Firstgroup. Close Mid-Price: 180.8 Percentage Change: + 2.44% Day High: 183 Day Low: 177.9
Further movement against Firstgroup ABOVE 183 should improve acceleration ……..
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View Previous Firstgroup & Big Picture ***
LSE:FRES Fresnillo. Close Mid-Price: 954 Percentage Change: + 1.71% Day High: 960.5 Day Low: 945
Target met. Further movement against Fresnillo ABOVE 960.5 should improve ……..
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View Previous Fresnillo & Big Picture ***
LSE:GKP Gulf Keystone. Close Mid-Price: 196.8 Percentage Change: + 0.15% Day High: 199.5 Day Low: 193.4
Continued trades against GKP with a mid-price ABOVE 199.5 should improve t ……..
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View Previous Gulf Keystone & Big Picture ***
LSE:IHG Intercontinental Hotels Group Close Mid-Price: 8528 Percentage Change: -1.14% Day High: 8738 Day Low: 8476
Target met. Weakness on Intercontinental Hotels Group below 8476 will inv ……..
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View Previous Intercontinental Hotels Group & Big Picture ***