HSBC Holdings Plc (LSE:HSBA) Trading around 1,291 at time of writing.

#FTSE #WallSt On our previous review of HSBC almost a year ago, the share price was 863p and we speculated on a future target of 1095p. Obviously, this target level was achieved and exceeded with an exquisite set of dance steps last November as shown on the fascinating chart excerpt below. Okay, we found it fascinating as it confirmed our target level and proved it could be bettered. On the 2025 report chart, we painted 1201p as a potential future level but didn’t bother mentioning it, expecting to revisit the share long before it became an issue.  This third level target level was also attained, confirmed, and exceeded in early January, again shown on a chart extract below.

A major Oops, though with curiously similar dance steps to the November 2025 target breach..

 

HSBC opted to join the UK banking share price party and has (thus far) exhibited extraordinary strength.

From our perspective, the next hurdle for the share resided at 1315p, a target level recently attained and even very slightly exceeded, the share price closing a session at 1318p in early February. The big question now is simple; can we anticipate even more flamboyance in the period ahead?

We’re inclined to advocate caution. Currently, above 1323p paints 1376p as an initial target with our secondary, if bettered, at a future 1409p. We are more than a little nervous, thanks to the Big Picture. Our calculations which date back to the banking crisis of 2009 suggest we should only admit 1376p as a major target. Anything higher, in this instance, would take the share into difficult territory, making us suspect some real hesitation should be anticipated at 1376p. In fact, given the share value, this could be effectively anytime now.

If trouble is planned, below 1222p risks becoming an issue as this threatens reversal down to an initial 1151p with our secondary, if broken, working out at 1133p and an almost certain bounce.

Once again, we’re getting a little worried about banking sector prices…

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:09:46PM BRENT 7098.9
11:22:54PM GOLD 5142.83
11:25:43PM FTSE 10707.9 10643 10620 10585 10680 10724 10748 10783 10687
11:27:51PM STOX50 6130.8
11:29:47PM GERMANY 25026.7
11:32:15PM US500 6888.8
11:18:31PM DOW 49154.1 48759 48629 48407 48977 49300 49446 49675 49140
11:23:47PM NASDAQ 25051.5
11:39:47PM JAPAN 58000 Success

 

24/02/2026 FTSE Closed at 10680 points. Change of -0.04%. Total value traded through LSE was: data error, a change of -75.91%
23/02/2026 FTSE Closed at 10684 points. Change of -0.02%. Total value traded through LSE was: £ 6,967,110,577 a change of -9.04%
20/02/2026 FTSE Closed at 10686 points. Change of 0.56%. Total value traded through LSE was: £ 7,659,209,162 a change of -16.29%
19/02/2026 FTSE Closed at 10627 points. Change of -0.55%. Total value traded through LSE was: £ 9,149,830,600 a change of 23.38%
18/02/2026 FTSE Closed at 10686 points. Change of 1.23%. Total value traded through LSE was: £ 7,416,218,337 a change of 13.36%
17/02/2026 FTSE Closed at 10556 points. Change of 0.79%. Total value traded through LSE was: £ 6,541,923,736 a change of 30.7%
16/02/2026 FTSE Closed at 10473 points. Change of 0.26%. Total value traded through LSE was: £ 5,005,351,962 a change of -53.38%

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:BME B & M** **LSE:ECO ECO (Atlantic) O & G** **LSE:FOXT Foxtons** **LSE:IGG IG Group** **LSE:IPF International Personal Finance** **LSE:PHP Primary Health** **LSE:TSCO Tesco** **

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Updated charts published on : B & M, ECO (Atlantic) O & G, Foxtons, IG Group, International Personal Finance, Tesco,


LSE:AML Aston Martin Close Mid-Price: 56.95 Percentage Change: -1.64% Day High: 58.5 Day Low: 56.35

Weakness on Aston Martin below 56.35 will invariably lead to 55p with sec ……..

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View Previous Aston Martin & Big Picture ***


LSE:BME B & M. Close Mid-Price: 191.75 Percentage Change: + 1.78% Day High: 192.55 Day Low: 186.5

In the event of B & M enjoying further trades beyond 192.55, the share sh ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 42.4 Percentage Change: + 0.47% Day High: 45 Day Low: 41.8

All ECO (Atlantic) O & G needs are mid-price trades ABOVE 45 to improve a ……..

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LSE:FOXT Foxtons Close Mid-Price: 48.75 Percentage Change: -0.51% Day High: 48.75 Day Low: 48.6

Continued weakness against FOXT taking the price below 48.6 calculates as ……..

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LSE:IGG IG Group Close Mid-Price: 1031 Percentage Change: -0.44% Day High: 570 Day Low: 570

Apparently the highest this should go is 1479p. It’s currently the case wh ……..

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LSE:IPF International Personal Finance Close Mid-Price: 234.5 Percentage Change: -0.44% Day High: 570 Day Low: 570

It’s still the case where above 239 should indicate gains, now calculating ……..

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LSE:PHP Primary Health Close Mid-Price: 107.6 Percentage Change: -0.44% Day High: 570 Day Low: 570

Further movement against Primary Health ABOVE 109.5 should improve acceler ……..

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LSE:TSCO Tesco. Close Mid-Price: 505.2 Percentage Change: + 1.24% Day High: 508 Day Low: 498.3

Target met. Further movement against Tesco ABOVE 508 should improve accel ……..

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View Previous Tesco & Big Picture ***

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