LLOYDS BANKING GROUP PLC-ADR (LYG) Stock Technical Analysis
NYSE:LYG - New York Stock Exchange, Inc. - US5394391099 - ADR - Currency: USD
Taking everything into account, LYG scores 8 out of 10 in our technical rating. In the last year, LYG was one of the better performers, but we do observe some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, LYG did better than 83% of all other stocks.
LYG is part of the Banks industry. There are 395 other stocks in this industry. LYG outperforms 73% of them.
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.
In the last month LYG has a been trading in the 3.98 - 4.27 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
LYG has an average volume of 21829800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although LYG has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.86
4.34
We found 3 important support areas.
- A support zone ranging from 4.01 to 4.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.73 from a trend line in the daily time frame.
- Support @2.89 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.28 to 4.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for LYG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LYG is neutral. |
| ChartMill Relative Strength | 83.5 | POSITIVE | LYG has a high relative strength, it outperformed 83.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LYG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LYG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LYG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.82 | NEUTRAL | The RSI value for LYG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LYG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.97 | NEUTRAL | The Stochastics value for LYG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for LYG suggests low volalility. |
| Average Directional Index/ADX (14) | 12.75 | NEGATIVE | The low ADX value for LYG suggests a weak or negative trend. |
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)
4.16
+0.13 (+3.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg3.23%
1 Week-1.19%
2 Weeks-0.24%
1 Month-0.48%
3 Month22.71%
6 Month54.65%
12 Month41.02%
2 Year81.66%
3 Year88.24%
5 Year215.15%
10 Year-20.91%
15 Year-3.26%
Volatility
ATR(14)0.09
ATR(20)%1.97%
ATR Inc175.89%
Range Today0.06
ADR(20)0.05
ADR(20)%1.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.5
Mansfield1.6
10 Day High4.27
10 Day Low3.98
20 Day High4.27
20 Day Low3.98
52 Week High4.3
52 Week Low2.56
CS1 End4.09
CR1 Start4.28
Volume & EV
DER(3)-2.5%
DER(5)-0.33%
Volume8.52M
Volume Incr4.4%
Vol(5)15.52M
Vol(50)21.83M