Barclays (LSE:BARC) looking for a change!

#Brent #SP500  Barclays share price has spent the last three weeks since our previous review, mimicking the weather here in Argyll by doing nothing interesting. It has been almost amusing, reading of the rest of the UK being blown around, flooded, and snowed upon. Here by the mountainous seashores, aside from a few days when temperatures dropped seriously toward -10c, it’s been quite mild. As a “for instance”, this weekend, completing the dog walks under blue sky, the daylight lasting ’till nearly 4.30pm, has been quite pleasant.

Unfortunately, the hysteria from the rest of the UK somehow managed to take hold locally, an irrational fear of snow provoking some churches to cancel their Sunday services! What was even stranger, the usual weather services were predicting snow on the West Coast with Argyll, painted with a similar yellow band to everywhere else. We NEVER get the same weather as everywhere else! Unsurprisingly, there was not snow, not even foul wind or rain. On my dog walk, I wore my wide brimmed hat with confidence a gust of wind wasn’t going to provoke a Benny Hill moment, chasing the thing. (A wide brimmed hat keeps the rain off your shoulders, if you’ve chosen the wrong jacket. And it looks quite cool…) Don’t get me wrong, we’ve plenty of snow on the surrounding mountains but it’s only lying to a level of around 400 feet, giving some wonderful holiday snaps to departing tourists who’d visited for New Year week.

 

With Barclays share price literally behaving as if it has resided here in Argyll, experiencing a paucity of movement which felt hardwired to our weather systems, can we anticipate anything interesting in 2025?

 

There’s a little bit of hope, despite some immediately dangerous signals. Presently trading around 266p, the share price needs dip below 260p to justify a degree of concern as this allows reversals to an initial 237p and hopefully a bounce. Should 237p break, our secondary comes in at 229p and an excuse for us to urgently review what’s going on!

However, despite the threat of short term weakness, we shall be fascinated if the share price stumbles above just 274p as this should next signal recovery to an initial 289p with our secondary, if bettered, an eventual 313p along with some hesitation when it matches a prior series of highs. Our belief is this hesitation becomes inevitable, due to selling pressure from folks trapped since 2013.

 

 

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:36:14PM BRENT 7662.5 7552 7503 7446 7627 7677 7794 8036 7477
10:55:10PM GOLD 2640.4
11:10:09PM FTSE 8220.9
11:12:38PM STOX50 4880.7
11:15:35PM GERMANY 19909
11:18:08PM US500 5942.2 5878 5848 5813 5896 5953 5996 6052 5917
11:20:59PM DOW 42702
11:26:44PM NASDAQ 21299.6
11:31:34PM JAPAN 39746

 

3/01/2025 FTSE Closed at 8223 points. Change of 0.61%. Total value traded through LSE was: £ 5,304,674,170 a change of 278.32%
31/12/2024 FTSE Closed at 8173 points. Change of 0.64%. Total value traded through LSE was: £ 1,402,162,545 a change of -42.6%
30/12/2024 FTSE Closed at 8121 points. Change of -0.34%. Total value traded through LSE was: £ 2,442,888,350 a change of -9.29%
29/12/2024 FTSE Closed at 8149 points. Change of -100%. Total value traded through LSE was: £ 2,693,002,049 a change of 0%
23/12/2024 FTSE Closed at 8102 points. Change of 0%. Total value traded through LSE was: £ 3,427,016,579 a change of 0%

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:CPI Capita** **LSE:GKP Gulf Keystone** **LSE:HSBA HSBC** **LSE:IDS International Distribution** **LSE:IGG IG Group** **LSE:QED Quadrise** **LSE:RKH Rockhopper** **LSE:TW. Taylor Wimpey** **

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Updated charts published on : Capita, Gulf Keystone, HSBC, International Distribution, IG Group, Quadrise, Rockhopper, Taylor Wimpey,


LSE:CPI Capita. Close Mid-Price: 13.9 Percentage Change: + 0.72% Day High: 14.04 Day Low: 13.7

In the event Capita experiences weakness below 13.7 it calculates with a ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 161 Percentage Change: + 5.02% Day High: 161.2 Day Low: 153.3

Target met. All Gulf Keystone needs are mid-price trades ABOVE 161.2 to i ……..

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LSE:HSBA HSBC Close Mid-Price: 782.3 Percentage Change: -0.14% Day High: 787.3 Day Low: 775.5

All HSBC needs are mid-price trades ABOVE 787.3 to improve acceleration t ……..

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LSE:IDS International Distribution Close Mid-Price: 363.8 Percentage Change: -0.05% Day High: 364 Day Low: 363.4

Further movement against International Distribution ABOVE 364 should impr ……..

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LSE:IGG IG Group. Close Mid-Price: 997 Percentage Change: + 0.10% Day High: 999 Day Low: 993

Further movement against IG Group ABOVE 999 should improve acceleration t ……..

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LSE:QED Quadrise Close Mid-Price: 7.18 Percentage Change: -5.28% Day High: 7.98 Day Low: 6.52

Target met. All Quadrise needs are mid-price trades ABOVE 7.98 to improve ……..

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LSE:RKH Rockhopper. Close Mid-Price: 27.6 Percentage Change: + 0.00% Day High: 28 Day Low: 26.2

Further movement against Rockhopper ABOVE 28 should improve acceleration ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 118.85 Percentage Change: -2.78% Day High: 122.1 Day Low: 118.9

If Taylor Wimpey experiences continued weakness below 118.9, it will inva ……..

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*** End of “Updated Today” comments on shares.

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