Ithaca Energy Plc (LSE:ITH), trading around 185.20 at time of writing.

#Gold #Stoxx50  Named after a fabulous little island off Greece, owned by Dr Who’s arch enemy (Daleks – okay Delek), and extracting oil in Scotlands North Sea, Ithaca enjoy a share price which is starting to exhibit some interesting potentials. An obvious little fly in the ointment is the owner of Ithaca, Delek, is an Israeli company and thus potentially the subject of political hysteria at the drop of the wrong spanner. However, some hope is visually possible, thanks to the Blue downtrend since 2022. This particular facet is also supported by the immediate Red uptrend since 2024.

With their recently announced dividend at nearly 7.5p per share, due to be paid on September 26th, we suspect the share price shall be “forced” to endure some gains to ensure it steers clear of 180p post dividend, a price level below which it really cannot be permitted to close. If our speculation is correct, near term above 191p should prove capable of triggering a lift to an initial 195p with our secondary, if bettered, at 204p. Above such a level, we shall be forced to revisit the numbers as the threat of a longer term 274p feels unlikely in anything approaching a single bound.

Below 177p (or closure below 180p) looks fairly problematic, capable of triggering a reversal cycle to an initial 165p and hopefully a bounce. But if broken, our secondary calculates down at an eventual ridiculous looking 117p. Or it would be ridiculous, if this were not the share price level which started this year!

 

Our presumption for the moment is to anticipate some gains for Ithaca as the market shall probably not wish the forthcoming share price dividend reduction to allow the price below 180p.

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:22:26PM BRENT 6727
11:28:43PM GOLD 3677.29 3626 3611 3586 3646 3686 3691 3717 3674 Success
11:31:17PM FTSE 9275.7
11:34:25PM STOX50 5434.4 5383 5356 5326 5410 5445 5496 5566 5415 Success
11:36:56PM GERMANY 23722
11:42:11PM US500 6611
11:45:02PM DOW 45853.4
11:48:23PM NASDAQ 24274.6 ‘cess
11:51:25PM JAPAN 44889

 

15/09/2025 FTSE Closed at 9277 points. Change of -0.06%. Total value traded through LSE was: £ 5,124,504,308 a change of 3.82%
12/09/2025 FTSE Closed at 9283 points. Change of -0.15%. Total value traded through LSE was: £ 4,936,038,879 a change of -3.79%
11/09/2025 FTSE Closed at 9297 points. Change of 0.78%. Total value traded through LSE was: £ 5,130,576,096 a change of -11.59%
10/09/2025 FTSE Closed at 9225 points. Change of -0.18%. Total value traded through LSE was: £ 5,802,988,432 a change of 11.05%
9/09/2025 FTSE Closed at 9242 points. Change of 0.23%. Total value traded through LSE was: £ 5,225,634,176 a change of 25.23%
8/09/2025 FTSE Closed at 9221 points. Change of 0.14%. Total value traded through LSE was: £ 4,172,667,369 a change of -14.19%
5/09/2025 FTSE Closed at 9208 points. Change of -0.09%. Total value traded through LSE was: £ 4,862,590,557 a change of 7.19%

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:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:IQE IQE** **LSE:SBRY Sainsbury** **LSE:SFOR S4 Capital** **LSE:STAN Standard Chartered** **

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Updated charts published on : Barclays, BALFOUR BEATTY, Hikma, HSBC, IQE, Sainsbury, S4 Capital,


LSE:BARC Barclays. Close Mid-Price: 384.65 Percentage Change: + 1.20% Day High: 386.3 Day Low: 381.45

Target met. Continued trades against BARC with a mid-price ABOVE 386.3 sh ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 629.5 Percentage Change: + 1.53% Day High: 632 Day Low: 620

Continued trades against BBY with a mid-price ABOVE 632 should improve th ……..

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LSE:HIK Hikma Close Mid-Price: 1607 Percentage Change: -1.53% Day High: 1639 Day Low: 1607

Weakness on Hikma below 1607 will invariably lead to 1582p with secondary ……..

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LSE:HSBA HSBC. Close Mid-Price: 1013.2 Percentage Change: + 0.62% Day High: 1015.8 Day Low: 1008.4

In the event of HSBC enjoying further trades beyond 1015.8, the share sho ……..

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LSE:IQE IQE Close Mid-Price: 7.45 Percentage Change: -0.93% Day High: 7.63 Day Low: 7.33

Weakness on IQE below 7.33 will invariably lead to 6.5 with our secondary ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 317.8 Percentage Change: + 3.45% Day High: 326.6 Day Low: 313.6

Target met. All Sainsbury needs are mid-price trades ABOVE 326.6 to impro ……..

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LSE:SFOR S4 Capital Close Mid-Price: 17.88 Percentage Change: -21.06% Day High: 21.7 Day Low: 17.82

Target met. If S4 Capital experiences continued weakness below 17.82, it ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 1446 Percentage Change: + 0.80% Day High: 1450 Day Low: 1422

Target met. In the event of Standard Chartered enjoying further trades be ……..

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

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