LLOYDS BANKING GROUP PLC-ADR (LYG)

US5394391099 - ADR

3.05  +0.02 (+0.66%)

After market: 3.04 -0.01 (-0.33%)

Technical Rating and Analysis

10

Taking everything into account, LYG scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LYG is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that LYG is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, LYG also shows a nice and consistent pattern of rising prices.
LYG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
LYG has an average volume of 10271900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
LYG is an average performer in the Banks industry, it outperforms 69% of 400 stocks in the same industry.
In the last month LYG has a been trading in the 2.90 - 3.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
LYG Weekly chart
LYG Daily chart
Setup Rating and Analysis

9

Besides having an excellent technical rating, LYG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 3.10. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.03, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

2.66

3.18

We found 4 important support areas.

  • A support zone ranging from 2.95 to 3.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @2.90 from a trend line in the daily time frame.
  • Support @2.84 from a horizontal line in the weekly time frame.
  • A support zone ranging from 2.69 to 2.75. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 3.10 to 3.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.78
Mansfield0.88
10 Day High3.07
10 Day Low2.9
20 Day High3.14
20 Day Low2.9
52 Week High3.14
52 Week Low1.88
Performance
1 Week4.1%
2 Weeks-0.33%
1 Month2.69%
3 Month12.55%
6 Month22.49%
12 Month44.55%
2 Year70.39%
3 Year24.49%
5 Year15.53%
10 Year-39.48%
15 Year-54.27%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)54.08
LBB2.91
UBB3.14
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
3.162.940.22 (6.96%)14.36%
An entry @3.16. This is a Buy Stop order right above the resistance zone.An exit @2.94. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.22 points, which is 6.96%.For a 1.00% total portfolio risk, you can invest 14.36% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
LYG Daily chart

LLOYDS BANKING GROUP PLC-ADR

NYSE:LYG (9/13/2024, 8:04:00 PM)

After market: 3.04 -0.01 (-0.33%)

3.05

+0.02 (+0.66%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.66%
1 Week4.1%
2 Weeks-0.33%
1 Month2.69%
3 Month12.55%
6 Month22.49%
12 Month44.55%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%2.26%
ATR Inc
Range Today0.02
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.07
10 Day Low2.9
20 Day High3.14
20 Day Low2.9
52 Week High3.14
52 Week Low1.88
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume8.01M
Volume Incr82.18%
Vol(5)15.02M
Vol(50)10.27M