Lloyds Banking Group (LSE:LLOY) still blooming? 

#Brent #Germany We’ve waited years to enter a positive frame of mind regarding the UK retail banks. Now, movement which has actually started places us in the position of being ultra cynical, bank share prices being as trustworthy as a Ukrainian president! There seems a wilful motive in European media, deciding to ignore the Ukraine President was asked to Washington to sign an agreement in front of the world press, then he decided to change the rules in the hope of placing the US administration in a difficult public position.

However, he chose the wrong folk to play such a game with, ending with egg on his face but outside the USA, the media seem to be pretending they were not in attendance to take snapshots of the usual PR show of signing something which has already been agreed behind closed doors. To be fair, it was quite funny and the convoluted attempt by the UK PM to say he didn’t and wouldn’t watch what actually happened was questionable, reminiscent of his “didn’t come across my desk” excuse when he served as head of public prosecutions yet somehow didn’t know of three major high profile cases which were ducked. Apparently, Cyril Smith, Jimmy Saville and Grooming Gangs glided below his  desk and notice, similar to the Ukraine Presidents faux pas in Washington. It makes the concept of “learning from mistakes” questionable but we’re trying to be exceedingly cynical in promoting any optimism against a retail bank such as Lloyds. Every time we’ve expressed hope, retail banks rush to follow Lemmings.

 

But now, it’s getting increasingly difficult to be an ultra-cynic about the UK banking sector for several reasons.  Firstly, there’s the downtrend since 2009 which we think important. No matter which trend line we throw at the share, Lloyds has undoubtedly broken trend and can be assumed as recovering? We’ve opted to set a fairly attainable trigger level for Lloyds, suggesting the share price needs close above 73.5p before we dare take the next phase of growth seriously. It is actually quite a big deal as the price is about to move firmly into a Big Picture scenario. Additionally, with the share price closing above the pre-pandemic high, this is generally taken as a big deal for future progression.

Closure above 73.5p should now trigger a cycle to an initial 92p with our secondary, if bettered, at a longer term 114p or better.

For everything to go wrong for Lloyds, closure below 62p would be troubling, allowing reversal to 55p with our secondary, if broken, at a bottom of 52p. For amusement, we’re showing the chart for Lloyds since 2005, effectively showing Lloyds share price is flatlining and price rises shall really only become important once the price exceeds 123p!

For this reason, Lloyds is really worth watching, finally.

 

 

FUTURES


FUTURES

Time Issued

Market

Price At Issue

Short Entry

Fast Exit

Slow Exit

Stop

Long Entry

Fast Exit

Slow Exit

Stop

8:24:52PM

BRENT

7300.9

7191

6990

6822

7376

7314

7341

7357

7266

8:46:30PM

GOLD

2856.97

2852

11:19:53PM

FTSE

8863.7

8832

11:24:25PM

STOX50

5482

5445

11:26:59PM

GERMANY

22640.9

22222

22048

21841

22320

22668

22695

22826

22478

11:28:42PM

US500

5968

5926

11:31:12PM

DOW

43871.5

43550

11:34:04PM

NASDAQ

20940

20743

11:37:35PM

JAPAN

37720

37540

28/02/2025 FTSE Closed at 8809 points. Change of 0.61%. Total value traded through LSE was: £ 14,426,533,627 a change of 91.89%
27/02/2025 FTSE Closed at 8756 points. Change of 0.29%. Total value traded through LSE was: £ 7,518,268,288 a change of 21.01%
26/02/2025 FTSE Closed at 8731 points. Change of 0.73%. Total value traded through LSE was: £ 6,212,854,759 a change of -4.11%
25/02/2025 FTSE Closed at 8668 points. Change of 0.12%. Total value traded through LSE was: £ 6,478,870,440 a change of 6.36%
24/02/2025 FTSE Closed at 8658 points. Change of -0.01%. Total value traded through LSE was: £ 6,091,356,449 a change of 2.58%
21/02/2025 FTSE Closed at 8659 points. Change of -0.03%. Total value traded through LSE was: £ 5,938,081,458 a change of 0.78%
20/02/2025 FTSE Closed at 8662 points. Change of -0.57%. Total value traded through LSE was: £ 5,892,381,883 a change of 10.17%

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:AML Aston Martin** **LSE:CPI Capita** **LSE:GLEN Glencore Xstra** **LSE:HSBA HSBC** **LSE:ITM ITM Power** **LSE:LLOY Lloyds Grp.** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:OXIG Oxford Instruments** **LSE:STAN Standard Chartered** **LSE:TERN Tern Plc** **LSE:TLW Tullow** **

********

Updated charts published on : Aston Martin, Capita, Glencore Xstra, HSBC, ITM Power, Lloyds Grp., Natwest, Ocado Plc, Oxford Instruments, Standard Chartered, Tern Plc, Tullow,


LSE:AML Aston Martin Close Mid-Price: 82.9 Percentage Change: -2.47% Day High: 85.75 Day Low: 79.15

Weakness on Aston Martin below 79.15 will invariably lead to 75p with sec ……..

Subscribe for more

</p

View Previous Aston Martin & Big Picture ***


LSE:CPI Capita Close Mid-Price: 13.06 Percentage Change: -2.10% Day High: 13.52 Day Low: 13.08

If Capita experiences continued weakness below 13.08, it will invariably ……..

Subscribe for more

</p

View Previous Capita & Big Picture ***


LSE:GLEN Glencore Xstra. Close Mid-Price: 319.15 Percentage Change: + 0.73% Day High: 321.05 Day Low: 309.15

Continued weakness against GLEN taking the price below 309.15 calculates ……..

Subscribe for more

</p

View Previous Glencore Xstra & Big Picture ***


LSE:HSBA HSBC. Close Mid-Price: 933.6 Percentage Change: + 2.33% Day High: 927.9 Day Low: 909.2

All HSBC needs are mid-price trades ABOVE 927.9 to improve acceleration t ……..

Subscribe for more

</p

View Previous HSBC & Big Picture ***


LSE:ITM ITM Power. Close Mid-Price: 29 Percentage Change: + 1.05% Day High: 29.56 Day Low: 27

Target met. Continued weakness against ITM taking the price below 27 calc ……..

Subscribe for more

</p

View Previous ITM Power & Big Picture ***


LSE:LLOY Lloyds Grp.. Close Mid-Price: 72.98 Percentage Change: + 1.76% Day High: 72.74 Day Low: 71.14

All Lloyds Grp. needs are mid-price trades ABOVE 72.74 to improve acceler ……..

Subscribe for more

</p

View Previous Lloyds Grp. & Big Picture ***


LSE:NWG Natwest. Close Mid-Price: 478.8 Percentage Change: + 1.68% Day High: 480 Day Low: 466.9

In the event of Natwest enjoying further trades beyond 480, the share sho ……..

Subscribe for more

</p

View Previous Natwest & Big Picture ***


LSE:OCDO Ocado Plc Close Mid-Price: 259.8 Percentage Change: -4.84% Day High: 274.1 Day Low: 253.9

Target met. In the event Ocado Plc experiences weakness below 253.9 it ca ……..

Subscribe for more

</p

View Previous Ocado Plc & Big Picture ***


LSE:OXIG Oxford Instruments. Close Mid-Price: 1916 Percentage Change: + 0.31% Day High: 1926 Day Low: 1852

Target met. Weakness on Oxford Instruments below 1852 will invariably lea ……..

Subscribe for more

</p

View Previous Oxford Instruments & Big Picture ***


LSE:STAN Standard Chartered. Close Mid-Price: 1269 Percentage Change: + 0.36% Day High: 1272.5 Day Low: 1252

Continued trades against STAN with a mid-price ABOVE 1272.5 should improv ……..

Subscribe for more

</p

View Previous Standard Chartered & Big Picture ***


LSE:TERN Tern Plc Close Mid-Price: 1.15 Percentage Change: -4.17% Day High: 1.2 Day Low: 1.15

In the event Tern Plc experiences weakness below 1.15 it calculates with ……..

Subscribe for more

</p

View Previous Tern Plc & Big Picture ***


LSE:TLW Tullow Close Mid-Price: 15.15 Percentage Change: -6.71% Day High: 16.38 Day Low: 15.28

Weakness on Tullow below 15.28 will invariably lead to 15p with secondary ……..

Subscribe for more

</p

View Previous Tullow & Big Picture ***


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

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.