#Gold #DAX This is a company with a fascinating pedigree, spun out of Imperial Chemical Industries (ICI) back in 1962 and finally achieving full independence from ICI in 1978. Nowadays, they’re the leading manufacturer of thermostatic radiator valves, along with other magic involving using metals to do something useful. From a personal perspective, these radiator valves remain objects of hatred, due to owning a 300 year old house which has had its heating system butchered over the years. Few things are more irritating than discovering, once the basic groundwork of draining a radiator is complete, the pipes in use are 10mm rather than the expected 8mm but on the other side of the radiator, everything is 13mm. And the hoarded box of shiny plumbing equipment lacks the necessary adaptors!
Meanwhile, due to the heating being off, the very person who’d nagged for the valves to be fitted is now complaining about the house being cold and could I stop mucking around and light the wood burning stove…
IMI are involved in rather more than radiator valves, their website showing quite an intimidating range of activities. Quite why they don’t simply supply a clip on thermometer for radiators with a wireless gizmo sending a signal back to the boiler telling it to stop or start sending heat to the specific radiator defeats me? They could even place some flashing LED lights on the thermometer to impress people.
The company share price is starting to look fairly useful in the coming months, showing some potential for growth. Currently, above just 1873p should trigger movement to an initial 1916p with our longer term secondary, if bettered, working out at an interesting 2011. This secondary is “interesting”, representing a new all time high where a distant ambition of 2265p becomes expected, a price level where some hesitation feels inevitable.
If things intend go wrong, the share needs below 1675p as this threatens reversals to an initial 1604 with our secondary, if broken, at 1513 and hopefully a bounce.
FUTURES
FUTURES
Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
2:48:22AM | BRENT | 7568.1 | |||||||||
2:52:14AM | GOLD | 2657.43 | 2632 | 2622 | 2608 | 2642 | 2667 | 2704 | 2744 | 2646 | |
5:05:48AM | FTSE | 8252.6 | |||||||||
5:10:08AM | STOX50 | 4991.3 | |||||||||
5:14:00AM | GERMANY | 20340.7 | 20213 | 20132 | 20044 | 20290 | 20392 | 20573 | 20880 | 20251 | |
5:17:35AM | US500 | 5904 | ‘cess | ||||||||
5:21:56AM | DOW | 42554 | |||||||||
5:24:39AM | JAPAN | 39506 |
8/01/2025 FTSE Closed at 7452 points. Change of -9.62%. Total value traded through LSE was: £ 6,394,228,390 a change of 16.2%
7/01/2025 FTSE Closed at 8245 points. Change of -0.05%. Total value traded through LSE was: £ 5,502,690,636 a change of 7.78%
6/01/2025 FTSE Closed at 8249 points. Change of 0.32%. Total value traded through LSE was: £ 5,105,577,084 a change of -3.75%
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 -100%. Total value traded through LSE was: £ 2,442,888,350 a change of 0%
29/12/2024 FTSE Closed at 8149 points. Change of 0%. Total value traded through LSE was: £ 2,693,002,049 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:HSBA HSBC** **LSE:IAG British Airways** **LSE:IGG IG Group** **LSE:OCDO Ocado Plc** **LSE:PHP Primary Health** **LSE:TW. Taylor Wimpey** **
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Updated charts published on : Capita, HSBC, British Airways, IG Group, Ocado Plc, Primary Health, Taylor Wimpey,
LSE:CPI Capita Close Mid-Price: 13.3 Percentage Change: -1.34% Day High: 13.96 Day Low: 13.2
Weakness on Capita below 13.2 will invariably lead to 11p with secondary ……..
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View Previous Capita & Big Picture ***
LSE:HSBA HSBC. Close Mid-Price: 791.2 Percentage Change: + 1.96% Day High: 792.4 Day Low: 781.4
Target met. In the event of HSBC enjoying further trades beyond 792.4, th ……..
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View Previous HSBC & Big Picture ***
LSE:IAG British Airways. Close Mid-Price: 306.8 Percentage Change: + 0.76% Day High: 309.9 Day Low: 304.2
All British Airways needs are mid-price trades ABOVE 309.9 to improve ac ……..
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View Previous British Airways & Big Picture ***
LSE:IGG IG Group Close Mid-Price: 988 Percentage Change: -1.20% Day High: 1009 Day Low: 985.5
Target met. Continued trades against IGG with a mid-price ABOVE 1009 shou ……..
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View Previous IG Group & Big Picture ***
LSE:OCDO Ocado Plc Close Mid-Price: 290.5 Percentage Change: -2.39% Day High: 299.4 Day Low: 282.4
In the event Ocado Plc experiences weakness below 282.4 it calculates wit ……..
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View Previous Ocado Plc & Big Picture ***
LSE:PHP Primary Health Close Mid-Price: 88.5 Percentage Change: -2.59% Day High: 92.45 Day Low: 88.55
If Primary Health experiences continued weakness below 88.55, it will inv ……..
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View Previous Primary Health & Big Picture ***
LSE:TW. Taylor Wimpey Close Mid-Price: 110.25 Percentage Change: -3.80% Day High: 114.3 Day Low: 109.8
Target met. Continued weakness against TW. taking the price below 109.8 c ……..
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View Previous Taylor Wimpey & Big Picture ***