Ocado Group Plc (LSE:OCDO), trading around 223.40 at time of writing.

#FTSE #DowJones We had a bit of a “Wait, what?” moment at the news TripAdvisor rates The “Witchery”, Edinburgh, as the 3rd Best Fine Dining Experience in the Entire World. We’ve eaten there a few times and while it is “okay”, we’d only visited for the unusual ambience rather than being entranced by the cuisine. For good food in the town, there are quite a few other places worth a visit, especially NOT during the Edinburgh Festival. In fact, even locally here in Argyll, there are a couple of eateries which overshadow the Witchery. To be clear, there’s absolutely nothing wrong with the Edinburgh restaurant but the “3rd Best” accolade is questionable.

Also questionable are some of the headlines dancing around the subject of another company in the food industry, Ocado Group. Some pundits are jumping on the “it will never be this cheap” bandwagon but we’ve doubts, very real doubts. A quick glance at Microsoft News to look for hints of dark clouds which may be affecting share price movements discovered a few issues capable of elevating an eyebrow. (We’re increasingly eschewing Google News as a source, often feeling bias is being allowed to colour search results.)

Ocado Group enjoy a Red uptrend since 2013 and movements in the last few sessions tend indicate the market it perfectly aware of the pretty red line. The share price has now slithered below Red, indicating the share price is just a bad news story away from trouble. The chart extracts below highlight the reason for our concern, early days but no less dangerous. Thankfully, the share price need only close above 229p to greatly alleviate our concern.

 

If trouble decides to come to fruition – as we expect – below 218p risks triggering reversal on Ocado down to a nice sounding discount price of 155p. While such a level sounds as attractive as a decent avocado, we suspect 155p shall break, opening the door for a longer term 75p which visually should make a viable entry point. But importantly, Ocado do not offer deliveries here in Argyll, grudgingly admitting the cost of such a service doesn’t work due to our plethora of islands and exorbitant ferry prices.

Should Ocado decide to clamber out of trouble, above 308p should prove capable of a surprise lift to 395 with our secondary, if beaten, at 458p.

 

 

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:38:26PM BRENT 6713.3 ‘cess
11:42:23PM GOLD 3766.38 ‘cess
11:45:22PM FTSE 9202.5 9195 9174 9143 9222 9229 9240 9255 9201
11:47:52PM STOX50 5458.2 ‘cess
11:50:45PM GERMANY 23551
11:54:04PM US500 6659.2 Success
11:36:25PM DOW 46336 46212 46170 45988 46310 46464 46522 46624 46363
11:39:09PM NASDAQ 24611.6 Success
11:42:02PM JAPAN 45553

 

23/09/2025 FTSE Closed at 9223 points. Change of -0.03%. Total value traded through LSE was: £ 6,181,494,945 a change of 35.23%
22/09/2025 FTSE Closed at 9226 points. Change of 0.11%. Total value traded through LSE was: £ 4,570,964,348 a change of -68.27%
19/09/2025 FTSE Closed at 9216 points. Change of -0.13%. Total value traded through LSE was: £ 14,406,950,391 a change of 163.35%
18/09/2025 FTSE Closed at 9228 points. Change of 0.22%. Total value traded through LSE was: £ 5,470,749,356 a change of 5.44%
17/09/2025 FTSE Closed at 9208 points. Change of 0.14%. Total value traded through LSE was: £ 5,188,517,809 a change of -11.11%
16/09/2025 FTSE Closed at 9195 points. Change of -0.88%. Total value traded through LSE was: £ 5,836,701,503 a change of 13.9%
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%

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:DGE Diageo** **LSE:FRES Fresnillo** **LSE:GKP Gulf Keystone** **LSE:HSBA HSBC** **LSE:OCDO Ocado Plc** **LSE:QED Quadrise** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **

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Updated charts published on : Barclays, Diageo, Fresnillo, Gulf Keystone, HSBC, Ocado Plc, Quadrise, Serco, Standard Chartered,


LSE:BARC Barclays. Close Mid-Price: 389.3 Percentage Change: + 1.55% Day High: 389.9 Day Low: 383.45

Further movement against Barclays ABOVE 389.9 should improve acceleration ……..

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View Previous Barclays & Big Picture ***


LSE:DGE Diageo Close Mid-Price: 1779 Percentage Change: -0.06% Day High: 1805.5 Day Low: 1775.5

If Diageo experiences continued weakness below 1775.5, it will invariably ……..

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LSE:FRES Fresnillo Close Mid-Price: 2344 Percentage Change: -1.51% Day High: 2416 Day Low: 2356

All Fresnillo needs are mid-price trades ABOVE 2416 to improve accelerati ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 205.5 Percentage Change: + 3.06% Day High: 207.5 Day Low: 200

Continued trades against GKP with a mid-price ABOVE 207.5 should improve ……..

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LSE:HSBA HSBC. Close Mid-Price: 1036.8 Percentage Change: + 0.50% Day High: 1045.2 Day Low: 1030.6

Target met. In the event of HSBC enjoying further trades beyond 1045.2, t ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 223.4 Percentage Change: + 0.72% Day High: 227.5 Day Low: 219

This has gotten nasty, traffic now below 227 risking provoking movement do ……..

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LSE:QED Quadrise. Close Mid-Price: 4.11 Percentage Change: + 3.79% Day High: 4.2 Day Low: 4

Above 4.4 risks triggering movement to an initial 4.8 with our secondary, ……..

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LSE:SRP Serco. Close Mid-Price: 233.6 Percentage Change: + 4.66% Day High: 235 Day Low: 226.6

Further movement against Serco ABOVE 235 should improve acceleration towa ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 1454.5 Percentage Change: + 0.80% Day High: 1453.5 Day Low: 1432.5

Further movement against Standard Chartered ABOVE 1453.5 should improve a ……..

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

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