#Gold #Nasdaq Gossiping to one of the folk on my usual dog walk circuit, I related the story of becoming utterly fed up with Scotlands weather. Instead of becoming defensive, she agreed and pointed out we’ve “enjoyed” around 7 months of rain here in Argyll. Obviously, it usually does not rain all day, only when you need to step outside to do something. It’s one thing being caught in a downpour when walking the animals, quite another when you look out the window and realise squeezing into a wet suit would make some sense. And of course, Golden Retrievers will usually refuse to go out in the rain, despite their propensity to get wet at every other opportunity. One of my favourite “countryside” jokes is to point out it always rains the day after the grass has been cut. Thus, when using my newly serviced Strimmer to butcher the lawn edges, it was not a surprise to feel rain on my face when the job was finished.
It’s possible Scotland was described quite nicely with that dreadful pop dirge; “Love is all Around”, number one in the mid-1990’s chart for 4 painful months. The Scottish band name was imaginative; “Wet Wet Wet“. It transpires the only way to get revenge on our Argyll climate is to write about it, honestly and often. If only the Scottish government would do more to “sell our mountains”, not for tourism but to get the sodding things moved somewhere else
Since August 2025, Convatec share price has behaved as if it were trapped in Scottish frame of mind, realistically doing very little other than bob up and down. An email asked that we update our thoughts on the subject and it’s slightly interesting to note this years price shuffles have revealed the market appears to be paying attention to Red on the chart. On April 8th, the share price was manipulated (“gapped”) above this Red trend, sending a neat little message some share price recovery should be expected.
This has created a fairly confident calculation share price movement next above 245p should trigger price movement to an initial 254p with our secondary, if bettered, at a longer term 284p. This longer term secondary is visually problematic, suggesting some hesitation while the share price matched the high of May 2025 and a bunch of folk respond by creating selling pressure, while they delight in retrieving their funds from a year long vacation. However, we should acknowledge share price closure above 284p should reveal a long term 322p exhibiting itself as an attractive ambition.
Convatec share price needs below 224p to ring alarm bells, providing the threat of reversal to an initial 200p with our secondary, if broken, at 180p and hopefully a bounce.
But for now, in direct contradiction to our thoughts on Scotland’s weather, we’re pretty optimistic on this share price.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 11:31:55PM | BRENT | 8945.1 | |||||||||
| 11:34:21PM | GOLD | 4823.92 | 4737 | 4691 | 4625 | 4794 | 4892 | 5052 | 5369 | 4852 | |
| 11:46:04PM | FTSE | 10618.8 | |||||||||
| 10:53:57PM | STOX50 | 5996.5 | |||||||||
| 10:57:43PM | GERMANY | 24502.3 | |||||||||
| 11:00:23PM | US500 | 7118.9 | |||||||||
| 11:25:02PM | DOW | 49515.6 | |||||||||
| 11:37:12PM | NASDAQ | 26630.9 | 26413 | 26385 | 26290 | 26551 | 26670 | 26746 | 26868 | 26542 | |
| 11:43:24PM | JAPAN | 59275 |
20/04/2026 FTSE Closed at 10609 points. Change of -0.54%. Total value traded through LSE was: £ 8,639,261,853 a change of -7.81%
17/04/2026 FTSE Closed at 10667 points. Change of 0.74%. Total value traded through LSE was: £ 9,370,886,318 a change of 52.53%
16/04/2026 FTSE Closed at 10589 points. Change of 0.28%. Total value traded through LSE was: £ 6,143,664,232 a change of -12.74%
15/04/2026 FTSE Closed at 10559 points. Change of -0.47%. Total value traded through LSE was: £ 7,040,462,072 a change of 0%
14/04/2026 FTSE Closed at 10609 points. Change of 0.26%. Total value traded through LSE was: £ 0 a change of -100%
13/04/2026 FTSE Closed at 10582 points. Change of -0.17%. Total value traded through LSE was: £ 6,248,149,769 a change of -33.03%
10/04/2026 FTSE Closed at 10600 points. Change of -0.03%. Total value traded through LSE was: £ 9,329,891,860 a change of 42.46% 
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:IGG IG Group** **LSE:ITM ITM Power** **LSE:OXIG Oxford Instruments** **LSE:STAR Star Energy** **
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Updated charts published on : IG Group, ITM Power, Oxford Instruments, Star Energy,
LSE:IGG IG Group. Close Mid-Price: 1536 Percentage Change: + 1.05% Day High: 1536 Day Low: 1515.5
Target met. In the event of IG Group enjoying further trades beyond 1536, ……..
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View Previous IG Group & Big Picture ***
LSE:ITM ITM Power Close Mid-Price: 126.7 Percentage Change: -3.65% Day High: 145 Day Low: 123.1
Further movement against ITM Power ABOVE 145 should improve acceleration ……..
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View Previous ITM Power & Big Picture ***
LSE:OXIG Oxford Instruments. Close Mid-Price: 2896 Percentage Change: + 0.70% Day High: 3006 Day Low: 2834
Target met. In the event of Oxford Instruments enjoying further trades be ……..
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View Previous Oxford Instruments & Big Picture ***
LSE:STAR Star Energy. Close Mid-Price: 15.5 Percentage Change: + 1.64% Day High: 16.55 Day Low: 15.5
All Star Energy needs are mid-price trades ABOVE 16.55 to improve acceler ……..
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View Previous Star Energy & Big Picture ***