LLOYDS BANKING GROUP PLC-ADR (LYG) Stock Technical Analysis
NYSE:LYG - New York Stock Exchange, Inc. - US5394391099 - ADR - Currency: USD
Overall LYG gets a technical rating of 10 out of 10. 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 84% of all stocks. On top of that, LYG also shows a nice and consistent pattern of rising prices.
LYG is one of the better performing stocks in the Banks industry, it outperforms 90% of 393 stocks in the same industry.
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 - 4.34 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 15258500 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
2.90
4.37
When analyzing the support we can see 4 important areas.
- A support zone ranging from 4.09 to 4.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.02 from a horizontal line in the daily time frame.
- Support @3.84 from a trend line in the daily time frame.
- Support @2.93 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.22 to 4.33. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The short term trend for LYG is up. |
| ChartMill Relative Strength | 84.8 | POSITIVE | LYG has a high relative strength, it outperformed 84.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LYG is above 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) | 50.94 | NEUTRAL | The RSI value for LYG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LYG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for LYG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for LYG suggests low volalility. |
| Average Directional Index/ADX (14) | 11.41 | 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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.23 | 4.08 | 0.15 (3.50%) | 25.00% |
| An entry @4.23. This is a Buy Stop order right above the 10 day moving average. | An exit @4.08. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.15 points, which is 3.50%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.88%. |
- 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.
4.2
-0.12 (-2.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.78%
1 Week-0.94%
2 Weeks1.69%
1 Month-0.71%
3 Month12%
6 Month37.7%
12 Month47.37%
2 Year83.41%
3 Year90.05%
5 Year218.18%
10 Year-20.15%
15 Year-2.33%
Volatility
ATR(14)0.07
ATR(20)%1.94%
ATR Inc61.27%
Range Today0.08
ADR(20)0.06
ADR(20)%1.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.8
Mansfield1.32
10 Day High4.34
10 Day Low4.08
20 Day High4.34
20 Day Low3.98
52 Week High4.34
52 Week Low2.56
CS1 End4.1
CR1 Start4.22
Volume & EV
DER(3)1.12%
DER(5)4.18%
Volume8.82M
Volume Incr-6.56%
Vol(5)10.20M
Vol(50)15.26M