Just when it seemed we might finally run out of old Rolls-Royce stories, a chum managed to produce another one on Sunday.
He’d visited a car boot sale and picked up a wooden box containing a collection of miscellaneous hand tools for the princely sum of £10. To be fair, this is not a man you’d trust with a screwdriver or spanner. He enjoys collecting tools, but has little idea what to do with them.
Five items in particular caught his eye. Each came in its own custom case, and all bore the Rolls-Royce name. He’d stumbled across five Rolls-Royce micrometers, each labelled with the date of its previous calibration test.
Needless to say, he’d already researched his haul and reckoned each instrument might fetch around £100 on eBay. His magpie-like fascination with tools has often left him open to a bit of friendly ridicule, but on this occasion, we’d have to call it a win.
Over the years, I’ve needed a micrometer perhaps twice, usually resorting to a good old-fashioned guesstimate after seeing the price of one before ordering a bearing or something similar. Big hammers, after all, were invented for a reason.
Rolls-Royce share price: signs of a recovery?
Despite having broken below the rising trend that had been in place since the start of 2025, Rolls-Royce is now showing some early signs of a potential recovery.
For the bullish scenario to gain traction, we’d need to see the share price break above 1,282p. Such a move would satisfy our first technical condition and open the way towards an initial target of 1,341p. A subsequent break above that level would bring our secondary target of 1,413p into play.
Should this scenario be triggered, our tightest stop-loss level would sit at 1,161p.
Of course, we also have a less optimistic scenario in mind.
A fresh move below 1,158p would raise concerns about renewed weakness and the risk of a reversal. In that event, we’d look for an initial downside target of 1,112p, followed by a secondary target of 1,037p if the lower level is breached.
Our view
For now, we’re inclined to anticipate a recovery in the share price. One encouraging feature of the recent dip was that Rolls-Royce failed to close below 1,161p. That resilience leaves us wondering whether there’s more underlying strength here than the recent weakness might suggest.
A break above 1,282p would provide the first meaningful confirmation of that view. Until then, the prospect of a recovery remains just that: a prospect, rather than a confirmed move.
